Rocket Lab About To Blast Off!

12 ก.ย.

Hey Traders!
Things are beginning to cook, and the market seems to be getting it's footing after some selling pressure from profit taking.
All tides lift all boats so lets have a look at RKLB to see where we might go after blastoff.

We sit in a channel and waiting for a breakout above 7.01 and retest or not then 7.25.
If price can get through that we set compass to 9.35 .
Breaking through that leaves us with possibly reaching 13.95 before sellers decide to step in.

Something to look into. Best of luck in all your trades $ see you at the finish line $$$

26 ก.ย.

บันทึก

Hey traders and fellow followers! Hope you are enjoying the profits to date $$$

As the trend goes in our favor I wanted to mention the importance of trailing a stop to protect profits. Remember we treat trading as a business and we are here to make money not entertain our selves.

I recommend to divide the risk by 3 when in profits. We make sure we have a 10sma,20sma, 50sma. We place a 1/3rd of our position stop below the 10sma, another 1/3rd below the 20sma and the last 1/3rd below the 50sma. This can be applied to any TF you are trading in according to risk tolerance. This ensures we stay in the trend but don't get out of the trade before it's over. Sure, we have targets set in place but the market is always right and targets might not get reached so, as backup to protect our daily bread$ we have profit stops in place to ensure some cash so we can survive in this BUSINESS.

Hope this little tidbit of advice helps your account grow $$$$ :)
Best of luck in all your trades my friends. Cheers!