Hi guys, newbie here wanting to share my experience and hope to get some feedback from everyone.
I entered at 73.275 after it tested support a third time and hit a key fib retracement level. The trade has been open since the afternoon.
Strong trend on the 4h/daily charts and I entered using the 5min chart. Made some adjustments to trailing stops and stop loss to reflect the uptrend and lock in some profits. I think the general trend is bullish so I just left it open. Is it a wise thing to do? This is a demo account btw.
Please let me know your thoughts!