A review on December 15 analysis..!
I received lots of interesting comments for the previous analysis:
Some called me a certified gambler, some people believe folks see what they want to see, and some others said I'm completely lost..!
but let's review the previous analysis..!
Entry: 136
Stop loss: 130.59
Reward/Risk: 2.67 (it is not Ideal)
Target range: 150.44
Time Frame: 2 wks
Possible gain: 10.62%
Possible loss: 3.98%
Position size: 5% of trading capital
My conservative approach (moving stop loss to entry(136) after 8% move to 2 days) closed the trade in 5 days! but the primary setting reached its target at 12 days..!
I have a question for those who write that comments:
who is lost?
who knows when to gamble?
and
who can't see the obvious price patterns?
You have no chance in today's market if you do not update the old technical rules!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Some called me a certified gambler, some people believe folks see what they want to see, and some others said I'm completely lost..!
but let's review the previous analysis..!
Entry: 136
Stop loss: 130.59
Reward/Risk: 2.67 (it is not Ideal)
Target range: 150.44
Time Frame: 2 wks
Possible gain: 10.62%
Possible loss: 3.98%
Position size: 5% of trading capital
My conservative approach (moving stop loss to entry(136) after 8% move to 2 days) closed the trade in 5 days! but the primary setting reached its target at 12 days..!
I have a question for those who write that comments:
who is lost?
who knows when to gamble?
and
who can't see the obvious price patterns?
You have no chance in today's market if you do not update the old technical rules!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Comment:
What are the similarities between today’s candle and August 30th???
Comment:
Perfect calculation