motleifaul

Recovering

Long
motleifaul Updated   
FX:EURUSD   Euro / U.S. Dollar
The momentum is slightly increasing and if we manage to exceed the Friday high we may see the start of a bigger rebound.
Trade closed: target reached:
I am taking a first profit as the momentum is decreasing.
Trade active:
Still long with some euros.
Trade closed: target reached:
I've taken the last remaining profit now which was only peanuts. But so I avoided a loss on the remained last position. All in all the deal has been worth to be done. And little profit is better than no profit and much better than loss.
Trade active:
I don't give up however and am using the drop that I consider as a corrective one to buy some new euros at a cheaper price now. I don't want to miss the bottom building if any.
Trade closed: target reached:
And again: I've taken a first little profit and leave another portion of euros long in the market. The market is undecided and it seems to me that it's better to take small profits rather than to hold the positions to long.
Trade active
Trade closed: target reached:
I closed all positions now and realized the remaining small profit.
Trade active:
I bought some cheaper euros now and will watch out for more opportunities to buy.
Trade closed manually:
All closed without additional profit and loss. Market doesn't get a direction.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.