IOT/USD Short Turtle S1 Breakout trigger (11-Oct-18)
I am a little late positing this trade which triggered on the 11th October as shown in the chart.
For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT fell below the 20 day low as shown on the chart. Positions 1 & 2 were triggered at the levels shown each with a 1N positions size. P3 will trigger if price drops further, as shown.
Stop Loss is set at 2N above Position 2 at the levels shown. The 10 day high Exit level (also shown on chart) is higher than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT fell below the 20 day low as shown on the chart. Positions 1 & 2 were triggered at the levels shown each with a 1N positions size. P3 will trigger if price drops further, as shown.
Stop Loss is set at 2N above Position 2 at the levels shown. The 10 day high Exit level (also shown on chart) is higher than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Comment:
Exit moved down further to 0.537 further reducing the maximum loss if the trade goes the wrong way.
Trade closed: stop reached:
Trade closed at latest exit of 0.51243 (not updated in comment above). Total loss of trade is 2.17%.
Total GAIN of all Turtle Trades (see link to summary below) is at 16.32%.
Total GAIN of all Turtle Trades (see link to summary below) is at 16.32%.
Maximum loss on open positions now at:
P1: -1.25%
P2: -1.75%