fallen behind a bit with keeping things up to date online. Currently only have open EURO long and UJ Short trades so just doing an update on both these positions, the past few weeks have been good making nice profits, looking forward to begin next week and more potential setups.
Will watch UJ for now looking for more downside moves, i will allow a small break of tl as I think we may be due a more significant pullback looking on the higher tf charts. However, if we break the small reversal zone above previous swing high that I have highlighted in the rectangle I will look to close and take profits, wait for the pullback to complete and then re enter short.
For me there becomes a point where allowing price to retrace simply is not worth it the time it would take for the move to happen and capital can be better utilised elsewhere.
Will watch UJ for now looking for more downside moves, i will allow a small break of tl as I think we may be due a more significant pullback looking on the higher tf charts. However, if we break the small reversal zone above previous swing high that I have highlighted in the rectangle I will look to close and take profits, wait for the pullback to complete and then re enter short.
For me there becomes a point where allowing price to retrace simply is not worth it the time it would take for the move to happen and capital can be better utilised elsewhere.
Trade chiuso manualmente:
several mini positions opened and nice profits.