Short-term: Jump over the creek, ready for markup

29 Jul

When market is in an uptrend, I look for divergence in the price as it holds 50%.
The chart as you see it pictures a perfect scenario for a trade entry, but make sure to have a stop loss set at fib retr. around 70%.
We could see the price going upwards from right here and right now.
Please note that I don't trade real money - I'm in it just for the thrills and fun.

29 Jul

Dagangan aktif

if the price doesn't hold the current level, expect it to break the previous low.

30 Jul

Nota

The move up looks more like a correction, so we can expect it not to hit the target - move stop loss to break even, in case it drops another leg down...

31 Jul

Nota

It looks like it's ready to move up after all ... and the price move easily towards 130k

2 Ogo

Dagangan ditutup: sasaran tercapai

Classic example of indecisiveness :) But if you set the original stop loss at break even, you would have been on the save side. So all good.