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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23849. (Read 26712838 times)

hero member
Activity: 644
Merit: 500
I need to pay rent buy Monday.

fml
sr. member
Activity: 378
Merit: 254
Ouch, gentlemen, that must hurt.  
*A scholarly observation only.  I'd feel bad for all y'all, but my heart is two sizes too small Smiley
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 742
Merit: 500
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)

just a normal limit buy order (on 'margin trade' tab of course, not on 'exchange' tab) will do. When your position crosses from negative to positive due to the order being executed, you then have a long instead of a short position.

Thanks, got it.
Learning everyday. Smiley
donator
Activity: 2772
Merit: 1019
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)

just a normal limit buy order (on 'margin trade' tab of course, not on 'exchange' tab) will do. When your position crosses from negative to positive due to the order being executed, you then have a long instead of a short position.
member
Activity: 112
Merit: 10
Nice start, gentlemen. 2015 looks like a fun year



Schadenfreude seems to be in vogue again

It's delicious.  Bulltards behaved like bulltards, payback's a bitch Smiley
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Nice start, gentlemen. 2015 looks like a fun year



Schadenfreude seems to be in vogue again
legendary
Activity: 2170
Merit: 1094
15min and 5min MACD still bearish on Bistamp and Bitfinex, but bullish divergence on Huobi, the extra fiat there makes a small difference.
sr. member
Activity: 378
Merit: 254
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)


If you already have a short position open, any bids of yours that get filled will close the relevant amount from your short position.  

Shouldn't you have looked into this before shorting, though?

yes, I should have looked into it before, but I knew there was time enough to figure it out.
We are still not at the bottom...

But thanks for the answer anyway.  Smiley
newbie
Activity: 25
Merit: 0
Did we see a so-called double bottom here?
The price went almost exactly to the local bottom reached on Dec 18th.
Or would a double bottom have to occur closer to this last local bottom?
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)

Place a buy order with same amount as open short position, and another with amount you want your new long position (both at margin, OFC).
OCO is a limit order paired with a stop order, and the first that get filled cancel the other.

Thanks! Got it filled in now.
Can somebody please fill my bid @ 282 Grin
sr. member
Activity: 316
Merit: 250
great price, hope it goes lower, that's never bad  Grin Grin Grin Grin

buying 0.01btc every 5$ dollar, this is awesome. remember, you can't go up 24/7, sometimes the bears win  Grin
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.

This could e a ridiculous big move that is gonna take us a lot lower. Why not stay safe?
How many didn't listen?  Sad

Timing the BTC markets is easy as fuck  Sad

 Grin



Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.



You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.



indeed nice set up

but i have been out of bitcoin mostly the last 6+ months

still hold some alts though which have stayed relatively steady dollar wise

i won't btc until is see them do something to address scalability: transaction per second and block time scaling

and we all know that ain't gonna happen any time soon... only a dead coin can survive a hard fork like that for a resurrection
legendary
Activity: 1615
Merit: 1000
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)


If you already have a short position open, any bids of yours that get filled will close the relevant amount from your short position.  

Shouldn't you have looked into this before shorting, though?
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)

Place a buy order with same amount as open short position, and another with amount you want your new long position (both at margin, OFC).
OCO is a limit order paired with a stop order, and the first that get filled cancel the other.
sr. member
Activity: 404
Merit: 500
time for some bottom hunting Smiley
legendary
Activity: 2170
Merit: 1094
Just realized that I made a mistake by shorting bitcoin, I should have shorted litecoin instead... Roll Eyes
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