Long
long on the break of resistance
Hi guys im a beginner trader just trying to become more familiar with charts.
this is my idea for nas 100
i see the level of resistance has been tested quite a few times. i think that if we break through the resistance we could move up to bout 10030
There is abit of traffic on the left but it shouldnt really be much of a problem but i think if we monitor the trade, take partials and adjust SL well be fine.
please let me know what you think about this idea in the comments and also feel free to leave some feedback
this is my idea for nas 100
i see the level of resistance has been tested quite a few times. i think that if we break through the resistance we could move up to bout 10030
There is abit of traffic on the left but it shouldnt really be much of a problem but i think if we monitor the trade, take partials and adjust SL well be fine.
please let me know what you think about this idea in the comments and also feel free to leave some feedback
Trade active
I have entered this trade Sl - 9885
TP - 10030
will be monitoring the trade to take partials and move sl
Note
i personally like to use a tight SL so i dont risk too much on a trade but this is up to youllif i get stopped out and the trade still looks good ill consider a re-entry
Note
closed 50% of my position at BE - 20.0 points securedGoing to move Sl to entry soon and let my runner run
Trade closed: stop reached
runner hit my SL at entry
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.