motleifaul
Long

Decisive hours

FX:EURUSD   Euro Fx/U.S. Dollar
47 0 3
We have retraced all the steep rise sinde 16th March and almost 38 % of the rise since 10th March. So we ere now in in decision making whether to continue the uptrend or to turn down.
At least a retracement up should be possible here.
Trade closed: target reached
Trade active: It looks like a newly begun uptrend in the 30 min. chart however. I am buying a new position at an a bit lower price now thus re-opening the position.
Trade closed: target reached: Wasn't it wise to re-open this deal?
Now I am taking the second profit still leaving a long bulk open.
Trade active
Trade closed: target reached: I prefer to take a third profit now as there may occure a little setback from here.
Trade active: Nevertheless with a still substantial part the position remains long.
Trade closed: target reached: It's time to take another profit.
Trade active: I still leave a good portion of the position long in the market. There is still room, even if there may occur some retracements.
Trade closed: target reached: I am taking the 5th tier of profit now. and stiill keep some powder dry, i.e. some more good amount of Euro long.
Trade active
Trade closed: target reached: I am closing the remaining position taking all fine profit now. The Euro looks corrective now however still being in an uptrend. Let's watch it.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out