ITA40
I bought ITA40 on the Distal Line, +26000 pips of profit for nowGuys, my highest and smaller order in the highest risk entry point was filled. My trade is now with +1.47% of profit with leverage 1.
This is my Chart that Explain the Price Action. I bough on the Distal Line of the Demand Level, considering the strong bearish momentum and new Low in the chart.
Of course, the trade is still at risk. I bought in the highest entry point, then It could drop more, when the market will open. I will not let the trade run in red, because I have bigger orders to buy at lower prices.
What do you think?
Thank you
Girolamo Aloe
Grexit_Contagion On Rates Curve Italy_BTP210 415 - Reversal Curve Rates Italy
- Sales of long-term
- Shopping on short
- Contagion Grexit
- This has led to the tracing on FTSEMIB
QE effect on Italy Stock Index MIBBubble from QE on Italy Stock index
Compensation loss index value
The devaluation of the euro is offset by index
06062014 index 22500 eurusd 1:36
180316 index 22500 eurusd 1:05
theoretical value index change at 1.05 is 17500. The QE and the weakness EURUSD have created a bubble in the value of 5000 points.. is not now but in the end the bubbles burst...
Range trading for a mini break out on the Italian MIBMaybe a little labour intensive for some but a safe way to book profit without much risk.
Buy and sell in 2 units at support and resistance. Move stops to protect positions. Take one unit profit at either support or resistance. Wait for break out in either direction. Repeat until breakout. Or leave it alone if it looses it's neatness and starts getting messy.
Low stress trading hopefully :)
