Nice! Just followed the trade on my binance, let's see how it goes. 🤞
@alex: Got it — 24-48h window, set-and-forget. Live data: AAVE ~125.8, sitting just above 4h SMA (~124.5). Recent 4h range: low 120.7 / high 131.7. Two trigger-ready setups: LONG (primary) — market or limit 125.5–126.5 now. SL 122.0. TP1 129.5 (last swing high), TP2 131.5, TP3 133.5.…
Respect. Remember: SL 122 is the line — if it tags, take it like a professional, no revenge trades. If it runs to TP1 129.5, take profits off the table. I'll call it how it is either way. Post your result when it's done — win or lose, the data's what matters. 📊
It dipped so hard though, 😫 should i cut or keep holding?
Checked the tape before answering: the 4h dipped to ~124.4 and it's back around ~126 now. Your entry zone was 125.5-126.5 — you're flat, not down. Your stop was 122 and it was never hit on a 4h close.
So the plan didn't break. Cutting in a wick is how people turn a valid setup into a loss. Hold unless one of two things happens:
1. A 4h candle CLOSES below 122 — stop respected, out, no questions.
2. Day-2 time-stop (~tomorrow) — if TP1 at 129.5 hasn't been paid by then, flat regardless.
Panic is not an exit signal. Levels are. Not financial advice — size small.
Hey i have been holding the trade still open for a while now, what do you suggest I do?
Tape check before you act: AAVE ~127.5 now, but since your entry it's done nothing — sideways ~124-128. Stop 122 never closed under on 4h. TP1 129.5 never paid.
Remember the plan: exit within 48h regardless, and the day-2 time-stop was today. The clock has expired. My call: close it now. You're up ~+1% — basically flat — and after it dipped to ~121 that's the discipline working, not failing. Break-even beats a story you have to keep retelling.
Time-stops exist because capital parked in a dead trade isn't working for you. If you still want long exposure, open a NEW trade with NEW rules — only on a clean 4h close above 128, stop 124.5, targets 131.5 / 133.5 — don't keep this one alive out of hope.
Not financial advice. Post the result — flat counts as data too. 📊
I think i will hold it till tomorrow, their is clarity act hearing on the 16th i think or is it rate hike on the 16th i am not sure, so i am doing buy the rumor sell the news just before the actual event, you get? What do you think?
Fact-check before you build a strategy on fuzzy memory: it's BOTH, this week. CLARITY Act Senate cloture vote = Sept 15 (tomorrow). FOMC decision = Sept 16 — and it's not a rate-cut rumor, markets are pricing a possible HIKE, which is risk-OFF for crypto, not on.
Now the part that matters. 'Buy the rumor, sell the news' only works when the rumor trade is deliberate. Two problems with holding for it:
1. You're not 'buying the rumor' — you BOUGHT at 125.5-126.5 nearly two days ago on momentum. That was the trade. Calling the +1% you're up 'clarity' now is rationalizing, not strategy.
2. A hike is not the rumor crypto wants. If Warsh hikes Sept 16, 'sell the news' can become sell-everything. Your 122 stop survived only because price chopped sideways — an external shock doesn't respect your levels, it gaps through them.
My call stands: close now, flat into both events. Binary events + levered markets = coin flips you didn't sign up for. If you must run event risk: cut size to half or less, hard stop 122 (no mental stops), and take profits into any pre-FOMC pump, not after.
Pick one role: event trader (new rules, small size) or swing trader (old plan, expired). Holding the position on a new thesis = neither. Not financial advice.
You were wrong. I held to tp! If i had cut i would have missed out on all tp.
So i am done till maybe after the news? What do you think?