Good afternoon guys,
After a few days of fundamentals that makes me crazy, I am happy with technicals. Please bear in mind that the following is my views on the market and not advise or indication for any one to take trades. I am enjoying placing my views on the system as it allows me to see my faults and grow as a technical trader.
the market just created the final part of the Head and shoulders, which is the part were we can make profit, i have done a short sell early taking advantage of the head and shoulders and believe it will still move lower.
My trades:
1. Sell at market and Take profit 142.000 (142.100 my way of taking advantage of spreads)
2. If the market opens below 142.000, I will look to enter and take profit 140.521
2.1. if market opens below 140.521, i will enter and sell until 139.972
3. If the market opens above the 142.000 , i will look for a space to enter and take profit at 142.761
3.1 if the market continue to move up after 142.761, I will enter when save and take profit at 143.515 or target the diagonal line AB.
After a few days of fundamentals that makes me crazy, I am happy with technicals. Please bear in mind that the following is my views on the market and not advise or indication for any one to take trades. I am enjoying placing my views on the system as it allows me to see my faults and grow as a technical trader.
the market just created the final part of the Head and shoulders, which is the part were we can make profit, i have done a short sell early taking advantage of the head and shoulders and believe it will still move lower.
My trades:
1. Sell at market and Take profit 142.000 (142.100 my way of taking advantage of spreads)
2. If the market opens below 142.000, I will look to enter and take profit 140.521
2.1. if market opens below 140.521, i will enter and sell until 139.972
3. If the market opens above the 142.000 , i will look for a space to enter and take profit at 142.761
3.1 if the market continue to move up after 142.761, I will enter when save and take profit at 143.515 or target the diagonal line AB.
Trade closed: target reached:
My Trades reached the targets.
1, 3 and 3.1 was completed.
1, 3 and 3.1 was completed.