1. Did a long trade (paper trading) on e-mini Dow Jones.
2. Reason for the long trade:
a) Price do a higher lower; a UT bar appears but the next bar overtake the UT.
b) Volume is supporting the upward move.
c) Strong support level at 29910 range.
3. Trade entered with SL @ 50pts and TP @ 75pts; as price move upwards with unrealised profit, the SL is revised upwards to minimise the losses and eventually lock-in the profit.
4. Price eventually do a pullback after breaking the recent Resistance (29966 range); our SL got hit and we exited with a realised profit of 24pts.
5. Price may move upwards from hereon; it is OK to exit with a small profit rather than be ambitious.
2. Reason for the long trade:
a) Price do a higher lower; a UT bar appears but the next bar overtake the UT.
b) Volume is supporting the upward move.
c) Strong support level at 29910 range.
3. Trade entered with SL @ 50pts and TP @ 75pts; as price move upwards with unrealised profit, the SL is revised upwards to minimise the losses and eventually lock-in the profit.
4. Price eventually do a pullback after breaking the recent Resistance (29966 range); our SL got hit and we exited with a realised profit of 24pts.
5. Price may move upwards from hereon; it is OK to exit with a small profit rather than be ambitious.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.