Recently I have finished reading "New trading for a living" by Dr.Alexander Elder.
In the chart I see bullish reversal pattern similar in the book
-MACD-Histogram/MACD signal Bullish reversal
-False Break at 105.5
-The price pull back to the resistance line 107.5
-Increase volume
Actually the ideal price for buy is 105.5-107.5
But I see the chart today so there is a price pullback so there should be an opportunity
Stop loss is 107.75
So if I buy today at 118.0 so it's a bit of risky (loss -8.5%)
In the book said you should never loss more than 2-6% of your portfolio
So
1) move stop loss
2) wait
In the chart I see bullish reversal pattern similar in the book
-MACD-Histogram/MACD signal Bullish reversal
-False Break at 105.5
-The price pull back to the resistance line 107.5
-Increase volume
Actually the ideal price for buy is 105.5-107.5
But I see the chart today so there is a price pullback so there should be an opportunity
Stop loss is 107.75
So if I buy today at 118.0 so it's a bit of risky (loss -8.5%)
In the book said you should never loss more than 2-6% of your portfolio
So
1) move stop loss
2) wait
Not
another ideal price is 111.0 - 113.0in TF day there is a pullback and macd -histogram arise from sub zero
İşlem kapandı: hedefe ulaştı
Sell at 119.5Switch to the more volatile stock
bye bye BH
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.