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harryexe

Longing in the break of trendline

Long
S&P 500 Index (OANDA:SPX500USD)  
harryexe Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis
2
1
trendanalysis
Price may continue to consolidate and I am accumulating as long as it stays above 200dma
Trade active:
Breakout confirmed. Entry price 2678. 5% risk taken. SL below 200dma. TP 2840.
Comment:
Followed this trade all the way. Target was reached at the end of July. Was too busy to update then. With the TP and SL above, RR is 2.41. With 5% risk taken, that's a returns of 12.05%

Continuing from the Pound trade.

Discretionary: 11.775% + 12.05% = 23.825%
Planned: 12.65% +12.05%= 24.7%
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