I bought in when the chinkou went above price but I am thinking we can see some huge gains here, wait for the breakout if you like but I am in this trade for the long haul.
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Watching very closely for a breakout.
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Im buying back in a little early, hopefully tomorrow will bring some big gains.
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I have still not closed this position although my account is near margin call, should have cut losses early and should never have reentered trade early.
In hindsight I was well ahead on this trade and should have seen the cloud was preventing the price from moving up any higher than it had also the chikou span never did go through the bottom of the cloud, yet still this could be a decent breakout trade when price reaches the side of the cloud.
I had steadily built up my paper trading account from under 7k to 11.7k within a matter of weeks only to see it evaporate yet again.
In hindsight I was well ahead on this trade and should have seen the cloud was preventing the price from moving up any higher than it had also the chikou span never did go through the bottom of the cloud, yet still this could be a decent breakout trade when price reaches the side of the cloud.
I had steadily built up my paper trading account from under 7k to 11.7k within a matter of weeks only to see it evaporate yet again.