0.5 to 0.618 idea

29 dic 2021

I am buying Astra, a climb over the sunline on September cycle and the 180 degrees on the static square of 9 is promising, tight stop relatively ( daily closing below will activate it )
This is a mid-risk trade in my opinion because it has been going down for a few weeks now and assuming a reversal is inherently riskier. I also happen to think that if it breaks this cluster of two targets here then I can re-enter on a newer trade w/ wider stop and target the 1:1 HTF.
I'm already in at 40.20

9 gen 2022

Trade attivo

wicked but not stopped not closed below stop, I'm still in and the idea is intact,

19 gen 2022

Trade chiuso manualmente

although this is technically close to support, the rejection at the arc encourages me to book the profits. I'm out here

20 gen 2022

Nota

and that's what we call an early close.. sadly.. but it's alright,
lesson learned ? raising a stop would've been a wiser option. regardless of the outcome I was uncomfortable with holding it and it was in profit so nothing is wrong. I could have made more money but I made money at the end. I will think a bit more about raising the stop next time rather than closing a trade to maximize potential gains.