Quote from apex82:
Well they left me in the dust by a tick.... frustrating.. but part of the game. Buy trade is now cancelled.
Only trade for the day.....
short 1553.50
stop 1556.25
Target 1 1538.50
Target 2 1533
risk 2.75pts or get it on reversal bar after hitting zone.
1st profit potential 15pts
I would "like" to see the market pull down to 1546 and then move into the zone. If this does not happen and we just open and start heading straight for the zone it may be wise to wait for the reversal entry due to other factors taking the market up to 1555-1556 before reversing. This trade is very countertrend..
Still short and itching to take some profits off the table.... Moving profit 1 up to 1543 from 1538.50. Potential gain of 10.5pts
Profit 2 will be at 1534( may take it around 38.50 if market finds support or if I am not on the beach)
Profit3 will be trailed for a move to retest the June 12th low which I am long from with my 3rd unit on another account still waiting to be covered at 1598.