Total Profit: 12579 pip Closed trade(s): 809 pip Profit Open trade(s): 11770 pip Profit
Trade Setup: We opened 12 BUY trade(s) @ 71.81 based on 'Valley' entry method at 2020.07.22.
Closed Profit: TP1 @ 79.90 touched at 2020.07.28 with 809 pip Profit.
Open Profit: Profit for one trade is 82.51(current price) - 71.81(open price) = 1070 pip 11 trade(s) still open, therefore total profit for open trade(s) is 1070 x 11 = 11770 pip Break Even 71.81
Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (66.10 - 57.90) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . DASHUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76.
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Trade active
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19468 pips profit...
Total Profit: 19468 Closed trade(s): 2418 Profit Open trade(s): 17050 Profit
Update Details:
Closed Profit: TP1 @ 79.90 touched at 2020.07.28 with 809 pip Profit. TP2 @ 87.90 touched at 2020.08.01 with 1609 pip Profit. 809 + 1609 = 2418
Open Profit: Profit for one trade is 88.86(current price) - 71.81(open price) = 1705 10 trade(s) still open, therefore total profit for open trade(s) is 1705 x 10 = 17050 All SLs moved to Break-even point.
I am new to CFD so excuse me in advance! This is a stupid question but am i meant to draw out at each of the TP (Take profit) points? Is this because the graph may go down again? For TP12: Free does this mean i have to keep an eye and take out when i feel it will drop again? Thank you in advance
jamesroxbybro
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As surely the price when i buy back in will be higher so i will have less shares.