Tomorrow I will look for an entry in the first 30 minutes of trade.
IDEAL ENTRY = 0.010 or 0.011
ENTRY MAX = 0.012 or 0.013
STOP LOSS = 0.008 (roughly 20%)
FIRST TARGET = 0.020
CONSERVATIVE TARGET = 0.025
AGGRESSIVE TARGET = 0.030
Risk to reward ratio = 7.5
Bought into VML on the 21/12/2020 for 0.034.
It's been a bit of a wait for the breakout, but here we go.
VML closed today at 0.044, 10 pips up from entry price - (26.92% profit)
Conservative Target = 0.058
Aggressive Target = 0.063
Bought into AVE a couple of weeks ago on 4/12/2020 at 0.014. So far I am happy with its progress.
Trialing a trailing sell technique with this one.
Original STOPLOSS: 0.012
Adjusted STOP LOSS: 0.019
Resistance level expected around 0.026 - 0.033
Conservative Target = 0.026 - 0.033
Aggressive Target = 0.040 - 0.046
Aggressive entry at 0.013 on Friday 10/12/2020
Stop loss at the 0.618 fib level = 0.010
Conservative target at the next resistance level determined by pivot strategy indicators = 0.023
Aggressive target beyond the 0.618 fib extension level determined by flag pattern = 0.030
Mid range target at the 1.618 fib extension lvl = 0.027
Bought into EVE on Thhhursday 10/12/20 with an aggressive entry.
Friday was a nail biter of a day spent most of it ready to activate my stop loss.
Will be watching this bad boy very closely on Monday!
If it tests the 0.010 price again I am out.
Hopefully it can hold its price for another day or even better close at one pip up at 0.012.
Target between 0.014...
Today I did not activate my stop loses for MEI and decided to hold until the next upwards movement. I made this decision based on the news that was released today regarding Multiple Wide High-Grade Gold Intercepts at Palm Springs.
MEI is currently overbought on RSI so hopefully the upswing will be sooner rather than later, but until I see an upswing I am going to...
Yesterday (28/11/20), XRP tested and found support at the 0.618 Fib retracement level of 0.45USD. Next high, if at the 1.618 Fib extension level will be 1.22 to 1.28USD. If this high is reached it is expected to retrace to the 0.618 Fib level of 0.78USD.
First Entry at 0.037 (if confirmation level for upwards movement indicated), will not buy if share drops below 0.618 Fib Retracement level.
Stop Loss set at 0.033 (0.618 Fib Retracement level)
Target Profit set at 0.050 (1.618 Fib Extension level)