Currently short right now, however if this long begins I will lose that short.
I was too slow to post this.. lets see if I can re-enter and maintain a short.
Short entry here. Would cause a loss on my current long.
I have a long currently. If price hits this level I'm out of the long and move into this short.
If the current short also fails, I'll enter long.
Previous short ended with a LOSS - now a pending long is in place.
Just another random trade. Just felt like throwing it out there.
Strategy: I trade the breakout following the crossing of the 1500mva on a 1-hour chart. My stop is placed at the previous high/low point just before the breakout itself. My Take-Profit is done manually. I aim for a 5x-10x gain. However I do trail my stop at a main high/low point as the trade moves on once it has hit the + 5x point, not too closely I give it...
This is my standard strategy. I trade solid breakouts after having crossed the 1200mva on a 1 hour chart. I aim for 5x - 10x gain. I will set break even point once im up 1x however. the exit point is done based on my feeling for the trade.
I trade breakouts because they are profitable to me