This week I will open position at around 9210, assuming a small retrace.
Will close 1/3 of position at target A. Will then move SL down and see if we get lucky and close another 1/3 at target B. Again move SL and see if we get really lucky and close remaining 1/3 as close to target C.
Target A is the expectation
Target B is the hope
Target C is the dream
Of course this is a strong bull market and therefore a risky trade, so all the above needs tight money management. Less is more!
Will close 1/3 of position at target A. Will then move SL down and see if we get lucky and close another 1/3 at target B. Again move SL and see if we get really lucky and close remaining 1/3 as close to target C.
Target A is the expectation
Target B is the hope
Target C is the dream
Of course this is a strong bull market and therefore a risky trade, so all the above needs tight money management. Less is more!
Trade closed: target reached