Bride of If You Can Draw A Straight Line

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9:29 TR (68-71), lets see where does the BO occur.
9:31 68 held
9:33 Upside BO, waiting for a RET
9:35 Long at 75.25
9:39 DL hit
9:45 DL fanned
 
Quote from niko:

9:54 Looking for reasons to stay. I am still above the DL from the open.

Think about all those people who are shorting and getting stopped out.
 
Quote from dbphoenix:

Think about all those people who are shorting and getting stopped out.

Yep :)

I dont really see anything important until 502, but you never know when S will come so follow the drill.
 
Quote from niko:

9:50 DL fanned in.
9:53 DL hit
9:54 Looking for reasons to stay. I am still above the DL from the open.
9:59 DL from the open hit.
 
Quote from niko:

10:02 DL broken, if a RET occurs then place the entry for SAR.

Given the slackening in pace, getting out and standing aside would not be unreasonable, particularly considering the profit so far.
 
Quote from dbphoenix:

Given the slackening in pace, getting out and standing aside would not be unreasonable, particularly the profit so far.

I was thinking about it, specially since the RET is not really coming. I will note that advice for future reference. But for now I will follow the drill and wait for a visible RET before moving out of this trade.
 
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