Given the most recent developments, I no longer believe we will have a market crash before making new all time highs.
As such, we now look for ways to profit from this: Buy the dip.
The idea is to open positions whenever the market falls and momentum ceases. Another good place to buy is when the price reaches it's mean.
The SL is the red line (for all positions), so you need to make sure if things go wrong and you hit the the SL the combined amount of positions does not destroy your portfolio!
Take profit is the green line.
As such, we now look for ways to profit from this: Buy the dip.
The idea is to open positions whenever the market falls and momentum ceases. Another good place to buy is when the price reaches it's mean.
The SL is the red line (for all positions), so you need to make sure if things go wrong and you hit the the SL the combined amount of positions does not destroy your portfolio!
Take profit is the green line.
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Seems like the price might need some more time.