Blessing Moon Trading family, may you are in peace and having a great day full of profits and love! I am here as usual to help you to understand the dynamics behind Moon Trading strategy and to check how our entries are doing so far since the Full Moon.
As we can see in the chart in the upper right part, we can see that from 28th September to 17th October we are under the influence of Mercury retrograde which usually brings some complications in communications, technology, trading, thiking, comprehension, attentiveness, among many other aspects.
This is why I am putting it in the chart, so you are aware that during these kind of 3 weeks you have to double check everything before you do it and the best would be to do not open any positions till this period is over. If you have already opened positions you are totally safe, don't worry (I have a lot and with every Mercury retrograde I have seen profits, rest in peace about that).
If you took an entry with me prior to the Full Moon day, when I already told you that the prices were really really low and the RSI was giving us a buy signal, know you are approximately %10.68 depending at which price you entered. If you put $1.000 dollars in the trade (I put much much more than that), so now you have your initial $1.000 plus $106.80 dollars in profits. This is basically how it works. Of course we need to discount the fees from our broker.
I am taking profits once RSI is over 80 level or whenever I am %25 in profits from my overall investment for this Moon Trading two weeks trade. Also, if I see a good potential for October once the month started, I could as well keep my position till 4th November New Moon.
This is not financial advice but for educational purposes only. Always do your own diligent research.