ETH/USD Long Turtle S1 Breakout trigger (07-Nov-18)

Updated
For details of the strategy used for this trade (and historic performance) see linked trade below.

ETH broke through the 20 day high as shown on the chart. Positions 1 triggered at the levels shown each with a 1N positions size. P2 will trigger if price hits level shown. I am not placing additional positions to ensure I follow the Turtle rules around total positions size (12N long, 12N short).

Stop Loss is set at 2N below Position 1 at the levels shown. The 10 day low Exit level (also shown on chart) is lower than the Stop Loss so is not currently in play.

I will post updates below, so please follow!!

This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.

"Luck is what happens when preparation meets opportunity"
Trade closed: stop reached
Stop reached at 199.03. Loss for trade of -2%.

Total gain on all closed Turtle trades of 19.95% (see summary in linked trade below).
ATRSupport and ResistanceTrend Analysistrendfollowingturtletrader

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