Continuation of that buy idea I had previously. Was stopped out in profits after shifting SL.
I am looking for higher prices, however price traded to the NWOG Low and started selling off and failing to go higher, could we be seeing a retracement the remainder of NY session and will likely see the buy take place tomorrow?
I am looking for higher prices, however price traded to the NWOG Low and started selling off and failing to go higher, could we be seeing a retracement the remainder of NY session and will likely see the buy take place tomorrow?
Trade closed: stop reached
As you guys saw, we were stopped out at the reversal of this trade, once price failed to go past 50% of the NWOG.We caught this trade on the practice account for a profit of over $1,200. Since we only had about 30 minutes left till market close I did not want to rush into another trade.
We took a loss previously on a bad trade which had put us in drawdown, however, with this trade we were able to end the Challenge account at $50,274.68.
Had we taken profits near the 50% of the NWOG we would've been over $50,600.00
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.