Attached above is the 4-hourly chart for the China A50 Index.
Decided to exit the high-risk-high-reward counter-trend trade.
Tried to ride the intraday rebounds, but now decided to exit on intraday rebounds (intraday 4-hourly black support-turned-resistance) to reduce the risk now (risk management).
Tried to ride the intraday rebounds, but now decided to exit on intraday rebounds (intraday 4-hourly black support-turned-resistance) to reduce the risk now (risk management).
Above are the losses in ($) US Dollar (USD).
Below are the losses converted into (SD) Singapore Dollar (SGD).
Below are the losses converted into (SD) Singapore Dollar (SGD).
Losses in this trade:
- S$ 19,547 SGD
Cumulative:
S$ 139,589 - S$ 19,547
= + S$ 120,042 SGD
Trading Journal:
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