Entry Price: 136 AREA
Current Price: 142.85
Description of Chart:
If you took the option with the wider SL and TP you will still be in the trade. This proves that using a lower leverage with a lower percentage of your account for that trade will allow you to widen out those targets to allow for more time. Time over Direction! Price is slowly coming back to the entry so if you would like you can wait to scratch it, or close it now. We are coming into touch with the 50MA on the 1D chart which may cause worry for a few folks. If we can get a turn lower in the market overall we might see it retest the 200MA which is at 1. our entry and 2. a price level that has proven to be in the past. Keeping an eye on this closely to see if I want to close this out for a small loss or let it run its course.
You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join, it is where you invest into an account managed by myself and I make the trades to make you profits.