Last our trade was closed with a SL and if you follow it you got profit.
Now situation is rather bad than normal.
I do start buying position as I am mega bullish on ETC but now I buy only a 25 % of my portfolio.
I bought 13.4 and have pending orders for 12.1, 11.0 and 10.1
Chart shows that sell of starting up and we will go to set new ATL.
One thing to remember that you have two options now:
1) Set a buy orders to full your position and be ready to see a loss on these positions.
2) Wait confirmation of a break out of a down trend. There is a risk that price recovery may be very fast and you won’t be on time.
Conclusion: I do not have a crystal ball. TA shows that you should avoid trade.
Now situation is rather bad than normal.
I do start buying position as I am mega bullish on ETC but now I buy only a 25 % of my portfolio.
I bought 13.4 and have pending orders for 12.1, 11.0 and 10.1
Chart shows that sell of starting up and we will go to set new ATL.
One thing to remember that you have two options now:
1) Set a buy orders to full your position and be ready to see a loss on these positions.
2) Wait confirmation of a break out of a down trend. There is a risk that price recovery may be very fast and you won’t be on time.
Conclusion: I do not have a crystal ball. TA shows that you should avoid trade.
Trade active:
At a moment scalping works and with a 13.4 buy order I am in a small profit. There is nothing certain right now in a market, so I do a SL on a 12.9 to avoid price manipulation and to be sure, that if market plunge I will get my money out of it.