NICU Long

Local mining stock completing the 236 - 50% retrace. This one I'd like to hold long term and keep adding to but will use my normal SL management style. Don't want to be left holding a dead donkey.

Trade attivo

Entered last week, I'll be honest, didn't think it was going to hold.

Nota

Trade chiuso: obiettivo raggiunto

Half taken off at target. SL tightened up on remainder.

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Trade chiuso: stop raggiunto

Position fully closed by SL at purple dotted line. Alarm is reset.

Nota

I should note the purple line is under the Weekly HK candle as usual.

Trade attivo

Re entry on this one. Stepping away from my normal strategy here and purely following the trend, watching the weekly direction changes provides good entries. We'll see if it works!

Nota

Trade chiuso: stop raggiunto

Well here's a lesson i keep learning. I'm using a different strategy here for entries with this one to try to ride the weekly trends. Unfortunately i took my eye off the ball once in the trade and when it double topped then rolled over. With any other trade i would have at least taken 50% off at the previous high. ( See ZCH / HSI idea.)
Now stopped out at a marginal loss.

Nota

Purple dotted line shows SL moved up behind weekly action.

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tradersteve22

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