Certainty - High
Risk - Reward: Good
I have risk of 1% and I find this to be a great position. I've been waiting for it for about 20 days.
It's all planned out from before.
Good Luck, Trade Well
Risk - Reward: Good
I have risk of 1% and I find this to be a great position. I've been waiting for it for about 20 days.
It's all planned out from before.
Comment:
Actually I find this trade very certain. I have 2% risk which is the most I risk on a position. I see 5 wave impusle down then followed with 5 wave move up which leaves us with 2 possibilities an Impusle higher or a zig zag(most likely) It appears to be safe bet. I'm looking for an opportunity to limit the risk now and to add to the position. Good Luck Trade Well
Comment:
This seems like more complete analysis, but the important thing is that we have 5 waves down followed by 5 waves up, which provides us with a safe stop loss that brings the certainty of the trade to the sky.
Comment:
New plan:
I have 2% risk right now. I will cut my position by 0.7% risk when we hit (IV). When and if the market moves one wave lower i Will risk my little profits that i took plus 2.7% of my capital which makes a total risk of 4% this is double but this setup seems like an A++ and considering the fact that I planned it out and waited for it for about a month makes me feel certain about it.
Good Luck, Trade Well
I have 2% risk right now. I will cut my position by 0.7% risk when we hit (IV). When and if the market moves one wave lower i Will risk my little profits that i took plus 2.7% of my capital which makes a total risk of 4% this is double but this setup seems like an A++ and considering the fact that I planned it out and waited for it for about a month makes me feel certain about it.
Good Luck, Trade Well
Comment:
In case the market just keeps going higher when i cut my 0.7% It won't be a big deal we still make profits and still have the opportunity to add to a position, it won't be great as the other scenario but there's nothing comes without risk.
Comment:
As planned Took profit for 0.7% and now waiting to buy lower with more risk
Comment:
I sold all of my position, which is a little risky but I'm kinda convinced that we will see one more wave lower. And on top of that with the little profit I made I put sell limit order @ 144.30 / SL @ 144.50
Risk - Reward 1:5
Certainty: Okay
Risk - Reward 1:5
Certainty: Okay
Comment:
There is still a good buy for those who missed out
not so great Risk-Reward but it's still a good trade
And it's great for those who held the position at from the beginning
Time to Reduce the risk and move the SL
not so great Risk-Reward but it's still a good trade
And it's great for those who held the position at from the beginning
Time to Reduce the risk and move the SL
Comment:
Move SL @ 144.30
Good Luck, Trade Well
Good Luck, Trade Well
Comment:
I'm extremely certain about this long position which makes me risk 2% of my capital