Hi again.
I'm still getting used to the TradingView platform, I don't know how to publish ideas correctly, with stop-loss and take profits. So, I only added rectangles to show my targets.
The red box indicates loss. If the price hits the top of the red box, we will accept losses and learn from it.
The green boxes indicate profit. If the price hits the bottom of the boxes, we will take profits (and earn from it, haha). At Take Profit 1, I intend to close the position partially, maybe half of the original.
Please note, I performed the analysis on another chart, I only used OANDA's chart to design it this way to publish it. If you want to see my analysis on it, send me a message.
Fingers crossed.
HAPPY TRADING ☺
I'm still getting used to the TradingView platform, I don't know how to publish ideas correctly, with stop-loss and take profits. So, I only added rectangles to show my targets.
The red box indicates loss. If the price hits the top of the red box, we will accept losses and learn from it.
The green boxes indicate profit. If the price hits the bottom of the boxes, we will take profits (and earn from it, haha). At Take Profit 1, I intend to close the position partially, maybe half of the original.
Please note, I performed the analysis on another chart, I only used OANDA's chart to design it this way to publish it. If you want to see my analysis on it, send me a message.
Fingers crossed.
HAPPY TRADING ☺
Trade closed: target reached:
Hey there. So I was away for a few days.
Based on a level at 88.880 (which I overlooked at first, and maybe greed took over me), I would have closed this position at 10:00, 16th December 2020. That's on the bearish candle with the long wick.
Nonetheless, as at the time of writing this comment (check the time), I'm still in profits so there goes another chiching, money in the bag.
Lesson to be learned, don't look down on any significant levels. Get rid of the emotions and trade neutrally.
Good luck in your tradings.
Based on a level at 88.880 (which I overlooked at first, and maybe greed took over me), I would have closed this position at 10:00, 16th December 2020. That's on the bearish candle with the long wick.
Nonetheless, as at the time of writing this comment (check the time), I'm still in profits so there goes another chiching, money in the bag.
Lesson to be learned, don't look down on any significant levels. Get rid of the emotions and trade neutrally.
Good luck in your tradings.
Trade closed manually:
More accurately, the position was closed in profits, even though the target was not reached. I have a substantial reason to close the position.
Trade active:
For those who still has more faith in the position, you can take some profits and ride the rest of the move (if there will be any).
It is showing some potential to continue going bearish, but I'm not willing to wait for that (I didn't to take a swing position).
Anyways, let's see how it goes.
Goodluck to those who stays till the end of the party.
It is showing some potential to continue going bearish, but I'm not willing to wait for that (I didn't to take a swing position).
Anyways, let's see how it goes.
Goodluck to those who stays till the end of the party.
Trade closed manually:
Yeah. Both targets hit.