Dear Feb!
I have a question again about ping-pong trades...
This time it is about holding a trade and profit taking.
It seems that today there is a possibility to trade ping-pong...
At the picture the arrows shows where we established levels.
now... at the number 1 we take the long trade... But the market did not come to the opposite level. Did not reach our profit target. So - we close the trade around the middle of this range, take long again at the level on number 2, and this time thanks God the market reached our profit target - opposite level. ???
I have a question again about ping-pong trades...
This time it is about holding a trade and profit taking.
It seems that today there is a possibility to trade ping-pong...
At the picture the arrows shows where we established levels.
now... at the number 1 we take the long trade... But the market did not come to the opposite level. Did not reach our profit target. So - we close the trade around the middle of this range, take long again at the level on number 2, and this time thanks God the market reached our profit target - opposite level. ???