The basic concept is that I entered on a transaction with the creation of 3 levels, so given that statistically it has never happened that remain open more than one level, with a good management strategy does not exit at a loss ever since it must return close to at least one level
Meanwhile, the GBP is decided that an operation that monster game tonight and ended around 9 o'clock this morning, of course I did not because I was sleeping
Trade future JEN (opposit USD-JEN)
the closure is marked in blue, The principle is always the same, before leaving with the trend ended the level
So I went out one tick before the lens, thus achieving almost all the profits of the operation because my strategy predict that if the market does not touch exactly that level and makes retracements, I have the possibility to come back again and close other short trade
The only mistake I made was in this last entry, because I would have to wait for the closing of the bar, this would have guaranteed the same gain as before done with two operation with only one.
and I would be in a better position to control the market in the event decided to go back.
Even I make mistakes
I left the trade because I want to go back to manage it better hope that does not go to Target right now
It 's Been too long and the market Has always rode in that you congestion, Given That many traders think the short, now will probably go on the hunt for some stop loss, I'm in a good position to decide Whether to leave and return service later, or leave and run otherwise manage the operation
The second strategy is giving me confirmation that the market should still get back, so I stay quiet and let it go
Unfortunately, many retail are entering short, and this is prolonging the time
My target was taken, however, the indicator that has not been closed yet, so the predictions are that it should go down again.
But I doubt give me a chance to return
{quote} OK. thank you for the clarification. Looks like it did go down in the end.
Ignored
Yes, but in fact I had to leave it running, as I said in post 54,
most likely since I ended level despite there being passed over, it means that power has to go down
