We are still in an uptrend. And that's why I am taking the opportunity to renew my long position which had already brought profit severral times
Trade closed: target reached
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The trend is tiered. I am taking the next fine profit of this trend which is not finished yet.
Trade active
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The rate has come back a bit and I am going to ride this horse again.
Trade closed: target reached
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Another profit taken out of this trend. The horse isn't dead yet.
Trade active
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Trade closed: target reached
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Trade active
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The horse isn't dead but a bit laming. That's why I prefer to take another portion of the profit and lean back to waint that the horse will go ahead again.
Trade closed: target reached
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I have changed my mind. As the movement doesn't look so much convincing now and as the profit is so large over the time I am closing the whole position now taking all the profit. I will probably wait for the end of the range trading. It is Friday now and probably we will not see a new attempt up before next week.
Comments
Alexander_Nikitin
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Hello, give me some hints on how do you define an uptrend, please. This will make your idea more understandable.
motleifaul
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The simple classical way: Higher highs and higher lows.