USDMEX bearish wedge inside range

2018년 12월 5일

At the top of a rising(bearish) wedge inside of ascending bull-flag range. Provides for wonderful R&R. Entry and stop as shown. I am doing 50% now and 50% at another touch of the top of the wedge. Safe trading.

2018년 12월 6일

액티브 트레이드

Second entry hit, currently in profit. Stop moved to wedge high. Decreased risk about 1/3 with the second entry taken into consideration. If you understand the risk reward related, now would be the time to increase position size. Do not take a loss on the total position if you plan to increase in this area outside of the wedge. As always, safe trading.

2018년 12월 6일

노트

Stop to entry. Enjoy risk free profit.

2018년 12월 6일

노트

Just realized I put USDMEX instead of USDMXN. Bitmex always on the brain even when I'm trading forex. LMFAO

2018년 12월 6일

노트

Halfway to bull flag range target.

2018년 12월 7일

노트

Second leg down, I would think about taking some profit or putting a tight stop on part of your position. Want to preserve gains made, no need to get greedy on a profitable trade.

2018년 12월 7일

노트

I took 1/3 profit at lows, moved 1/3 of my stop to 20.31, and the final third my stop was moved to 20.35.

2018년 12월 7일

노트

took out profit stop one. 1/3 of position left for a runner

2018년 12월 11일

거래청산: 스탑 닿음

Runner stop hit, good profit on this one.