CL Redux

Quote from Holey Grail:

I've got a sell stop at .44, for the break of a kinda-triangle.

I cheated a little and got short @ .51 for a potential channel break, looks weaker than sh*t

ADD: It would be expected to fly back up if this lower line holds.
 
Quote from NoDoji:

I cheated a little and got short @ .51 for a potential channel break, looks weaker than sh*t

Waiting for Nod to close her trade to get long :D

(I think this is missing one more push down to lighten the load and then it will go back up - near the HOD, without overdoing it)
 
Quote from Holey Grail:

In it, buy stop at .55.
Stopped. I successfully avoided a recent problem of mine of moving my stop to B/E to early. :/

Maybe I should have done that on a breakout trade though--any thoughts?
 
Quote from Picaso:

Waiting for Nod to close her trade to get long :D

(I think this is missing one more push down to lighten the load and then it will go back up - near the HOD, without overdoing it)

Stopped b/e, didn't reverse though, didn't want to buy resistance at the 20 EMA

Wish I had bought the lower channel line :mad:
 
Quote from Holey Grail:

Stopped. I successfully avoided a recent problem of mine of moving my stop to B/E to early. :/

Maybe I should have done that on a breakout trade though--any thoughts?

I think Nod has mentioned several times that she only moves her stops to BE (after 10 ticks in her favor) in breakout trades, particularly when they're counter-trend (as - mostly - in this case): either it breaks or it doesn't
 
Quote from Holey Grail:

Stopped. I successfully avoided a recent problem of mine of moving my stop to B/E to early. :/

Maybe I should have done that on a breakout trade though--any thoughts?

Yes I do move my stop early when key levels need to break. That lower channel line needed to break, which why I moved to b/e when it didn't

HG, that was nice confirmed entry you took, BTW. I thought for sure it would break down more, but the bots are after us!
 
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