My aim with this blog is to be completely transparent about my trading journey so that others can see the REAL trading and investing experience of a beginner.
PLEASE NOTE: I’m in the process of migrating to a new website over at www.exftrading.com – it’s not complete yet, but I’ll be duplicating posts until its complete… I invite you to follow me there!
Also on Facebook: http://www.facebook.com/exftrading
Spent a bit of time today going back over basic chart analysis information and refreshing myself with patterns and signals. Basics is often the best!
With Crypto’s, I’ve taken some bold trading moves based on thoughts from my Mentor.
Total Invested £4010
Unrealised balance £3002.34
Forex/Indices/Commodities – Trading using FXCM
- EURNZD – Long
This is really getting squeezed between downtrend and support level. There’s lots of bullish pin pars forming at the support, but in a descending triangle pattern, it seems the downtrend wins. SEE IMAGE OF CHART
- GBPJPY – Long
A bit of a retracement after yesterday’s boost. MACD looking close to a cross so still expecting further long movement to near 152.500 – SEE IMAGE OF CHART
- USDCAD – Short Entry
Heading into overbought in Daily and 1hr charts, already showing overbought in 4hr charts. Nearing the 200ma and 0.76 fib level all possible resistance levels. Order placed to go short just below the 1.2750 level with a SL at 1.2800 – SEE IMAGE OF CHART
Total Invested £1000.00
Unrealised balance £990.17
- Cardano (ADA)
- NEO (NEO) – Sold 11.48 NEO to BTC (See below)
- NEO GAS (GAS)
- Ethereum (ETH)
- Life (LIFE)
- Po.et (POE)
- SteemIt (STEEM)
- Steem Backed Dollar (SBD)
- Tronix (TRX) – Sold half (5714) TRX to BTC (See below)
- Binance Coin (BNB)
- Quoine (QASH)
- Hshare (HSR)
- Experience Points (XP)
- Verge (XVG)
- Qtum (QTUM)
You can see my public portfolio on at: http://bit.ly/EXFCryptoPortfolio2
Altcoins seem to be dipping in value against Bitcoin as investors are buying into bitcoin.
Some of my coins look like they are in a decline and have further to fall, and based on the actions of my Mentor, I’ve decided to sell both NEO and half of TRX during this fall, awaiting an opportunity to buy more back at a lower price, giving me extra free NEO and TRX. This will take some patience and nerve to see if the prices do actually drop…
Currently, my Altcoin value to Bitcoin value puts me at about -14%
However, looking at the value in fiat, I’m looking at about -33% loss (GBP)
Total Invested £3010
Unrealised balance £2012.17
Connect with me…
Email me: email@example.com
A boring disclaimer… coz I don’t wanna be sued and stuff!
The information contained within this blog/website and any information contained in any social media account related to EXF Trading is intended for interesting reading only.
I am not qualified or considered an expert in any aspect of trading and the words which I write are my opinion only and not to be considered correct.
If you trade based on any of my information, you do so at your own risk.
I urge you to do your research and make your own conclusions before considering trading.
You are responsible for your own trading actions.
I may provide affiliate links to courses or products I do or would recommend and I may or may not receive a small financial payment for those links.