Simple trend following for an ETF that keeps moving. Nice alternative whilst we wait for major markets to pick a direction.
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Will load up as we go as did not fully commit due to lack of funds being available.
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Full transparency, this trade would have been closed here on this sell off. I trail my SL on the previous weekly HK candles. Unsure of the exact exit without checking.
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Completing my annual round up and noticed it.
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Ok i must apologize, Multiple entries on this one. Did not post. Updating as it has given me another battle plan for SL management. I have been running stops 2 weeks behind to avoid stop outs.
Moving forward i plan to keep a SL at weekly 50? Possibly 1/3rd of ea entry?
Both successful trades, however the problem I have with ETF trading versus my 236 - 50% plan is i do not take profits at targets, which inevitably gives a bit back. Hoping the Weekly 50 plan will allow for more room.