Luna Can Go a Little Higher 30Min

17 Mar 2022

Day Trading Futures - Luna Trade Set Up


Entry: 86.52- 87.18

Take Profit 1 - 88.33

Take profit 2- 88.84

Take Profit 3- 89.67

Take Profit 4- 90.00

Leverage - 20x


Stop Loss- 85.20

17 Mar 2022

Not

Entry taken- 86.70

17 Mar 2022

Not

We are waiting long for Luna to rev up, but luna is going to rev up!

18 Mar 2022

Not

Stop Loss adjusted to 83.86- Not ideal trading but i feel my stop loss is to tight for my position size

18 Mar 2022

Not

Decision to move the stop Loss, was made because, to place a stop loss directly on the support , as noted on the chart makes no sense as the coin will search for support in a downtrend

18 Mar 2022

Not

Decision to move stop loss proved absolutely correct( well if i lose this trade it will prove to be a shambles) as luna blue past stop loss , However support on the 4 hr chart held. It is declining at a faster rate than bitcoin which is worrying.

18 Mar 2022

İşlem kapandı: durdurma seviyesi

19 Mar 2022

Not

Luna Trade idea was correct but entry was taken incorrectly- I abandoned the trade, however the lesson learn is that we MUST take entry on support. Also I could have exited the trade when it returned to my entry price and then reenter the trade after more analysis