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Event ends: August 9, 16:00 UTC
More details: https://www
I never take profit in advance; my strategy is to only set stop loss. If it stands above 0.053 for eight hours, I will raise the stop loss to 0.05 and continue to observe. If it doesn't hold, I will exit. There are always opportunities, and I won't miss them. I constantly monitor the four-hour line to adjust the stop loss price to protect my cost and profit. The most important thing in swing trading is not taking profit but being ruthless with stop loss. If the candlestick breaks 0.043 and doesn't hold on the four-hour line, it will likely drop to 0.02 in the next few days. To prevent a long wick candle, I will resist at 0.041.