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ClearWaterTrading
May 20, 2020 6:55 PM

Price above MA 50, MA 100 and MA 200 Long

Nike, Inc.NYSE

Description

Price above MA 50, MA 100 and MA 200, Good to go long at market, with an initial target @ 96.55 and a long term target @ 102.25 Trade invalid if price closes below 90.00 (daily)

Trade active

First target reached.

Trade closed manually

All trades closed for a profit
Comments
virtualtechie11
whar were your criteria for the two take profit targets?
virtualtechie11
rathern i should ask what is the basis of stop loss at 90?
ClearWaterTrading
@virtualtechie11, 90 is not a a fixed Stop Loss, its just a guideline for my trading rules. (" Trade invalid if price closes below 90.00 (daily)""
virtualtechie11
virtualtechie11
@ClearWaterTrading what is the basis of your red line? as they are not touching the wicks on the candle..
ClearWaterTrading
@virtualtechie11, As You can see, price is respecting MA 100 and MA 200 when I published my idea,( MA 100 was @ 91.16 and MA was 200 @ 90.86 ) 90 is a round number in wich I could base one of my trading guidelines
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