Out !!!

I am calling to close the long trade. It's quite a major loss but as we experienced in the past , 2 trades of 25 points profit can overcome it.

The market is too volatile for me to try to stay and wait for correction. I still believe we can bounce more but for leverage trades , it's too much. Moreover, there is a risk for more swiping longs , so why to risk more?

For investors , No need to panic.


When I first entered the trade , It sure looked like a brief correction and I didn't realize it's going to be a trend change for intermediate term. So the market said its word and now the most important thing to do is to sit aside and watch.