ETH Trade on Aug 5, 2019 04:23 from Marius: Tradervue User Stock Trades.

Shorter-term breakout trade. (notes being updated)

Looking to see if this will follow BTC next. Bullish order flow and break imminent. 1 or 2 nearby overhead resistance levels then limited mid-term resistance. Tighter stop but more aggressive here. Checking to see if BTC consolidates and stalls which would could be ideal for some higher tier alts.

Trade Management
Exited trade for a shorter-term breakout scalp. Keeping an eye out for this complete breakout but cautious with BTC and cryptocurrencies current extension. Will look into re-buying a complete and confirmed breakout. The volume is notable for ETH.

ETH, 4h

Second entry and attempt at this base breakout. Full position. My conviction increased seeing a small handle of consolidation on the 6h time frame. Noting a sustained bullish momentum on all mid term time frames. (possible accumulation ?) ETHBTC does not show any strength but that is due to the BTC strength. This would be a B+ to A trade set-up in my playbook. With global fundamentals in different assets and ETH being the second largest in market cap for cryptocurrencies, I had to put on more risk on this trade.

Trade Review

I placed more risk on this trade than normal. Reviewing the whole trade it was on the highest aggressive edge of things. I'm continuing to develop my skills and edges as a trader. This trade is a reminder to myself to adjust risk accordingly and be aggressive at the most favorable times. This trade was missing confirmation and I was aware of that. I did weigh in more favor on the chart set-up and it fit my playbook edge. However there are times (more less) that it will not work. In the future I will decrease risk exposure here and wait for confirmation. I wrote this earlier and I disregarded it in the second attempt. First attempt it worked out in scalping profit but this time it ended up in a notable loss. 3rd attempt will be more protective with aggressiveness at the same time. Will wait for the confirmation either on the volume and or ETHBTC chart. This still looks like a favorable set-up and it may need additional time to play out. Still positive performance month to date but need to address issues like these here because these are the risks that I need to avoid and take pre-caution.

ETH 6h,