USDCHF - COmpound continuation trade entry - Short Hello all - DuncanForex here.
This is a compound trade on USDCHF -
USDCHF -
Direction - Short
Timeframe - 30 minute entry
Stop Loss - above swing highs
Take Profit - same target as original entries.
After last FRidays 4hr chart Short entry- and TP1 hit
After the retrace - I am now looking to entrer again on the 30 minute chart to add to my positions and also once it starts to fall - move my stop loss for trade positions 2 & 3.
Thanks for looking
Duncan
Compound
ONT/BTC compounding my long position- I was already in a long for ONT which i called on the cryptology discord: discord.gg .
- I still think we have more upside in ONT and i will be looking to add on above that 1h breaker which would give me a nice 4r trade.
If target gets hit this would mean a 12% increase of my trading account as i risked 2% on the first entry and i am looking to add 1% risk on my second compunding entry.