REN/USDT - Short on Binance - Aiming for 2 TPs

15 Sep 2020

Hello traders

I'll try to share a few trades a day from now on

First one of the day

A short on REN/USDT with 2 Take Profits

- TP1 a bit before the Weekly Traditional Pivot S1
- TP2 a bit before the SMA 100 Daily

This is a swing trade based on an hourly chart so it might take some time to develop

Will update if hard exited and when I'll set my Stop to breakeven

15 Sep 2020

Nota

+6% already
Adding my stop loss to breakeven
Breakeven means for a short = entry price minus the spread-in and spread-out
So that if stopped out, I won't lose the fees

15 Sep 2020

Nota

Taking some profit off the table as I'll be away. The rest is protected by a limit stop order
Update incoming tomorrow morning
Have a good night everyone

16 Sep 2020

Dagangan ditutup: sasaran tercapai

Good morning folks

TP1 HIT !!!! Yeeehaaaaaaaaaaaaa and we came close enough of TP2
I always set my limit orders a bit before my target - to compensate for any eventual slippage

Well done for those who took this one

16 Sep 2020

Nota

Trade is done for me btw, I said just above that TP1 is hit and TP2 we came close enough :)