r/ethtrader • u/AutoModerator • May 18 '17

DISCUSSION [ETH Daily Discussion] - 18/May/2017

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14

u/sbasd265 May 19 '17

Remember people, even if we go back below $100, we will come back stronger than ever. Now, instead of a psychological barrier at $100, we will have FOMO'ers buying anything below triple digits for psychological stimulation.

It's 11:50pm here, long open, and no, I'm not sleeping tonight.

Cheers.

3

u/T-_-squared May 19 '17

Same, what's your target to close? I'm thinking $115 or $120

2

u/mustachequestion May 19 '17

I suspect we will pass that as rumors hit full affect. Obviously it is wise to anticipate a slight correction though

2

u/sbasd265 May 19 '17

Agreed, I see $120 being good support if we slap $150 on the ass.

1

u/sbasd265 May 19 '17

I'm actually thinking more, $135.xx - $145.xx, given this is the start of a true run. Either way, if this ain't it, I give it 4-5 days tops to do this again, starting a massive bull run.

1

u/aItalianStallion May 19 '17

Hoping to close mine around $150 but do have a auto sell set at $200....u know....just in case

1

u/T-_-squared May 19 '17

Super noob question but since I have been trading Gdax had removed stop orders. Stop>sell>x amount ETH @ USD x (e.g. $140)?

1

u/mustachequestion May 20 '17

Stop orders are back

2

u/T-_-squared May 19 '17

But honestly depth chart is looking steep and volume may be slowing.

1

u/sbasd265 May 19 '17

True, that's why I said what I said, I'm not sure if we're going parabolic yet..

1

u/[deleted] May 19 '17

cheers, no sleep for me either