Update on my shorts position.
Trade remains active.
Resistance still intact, planning to add an identical 3rd unit short at 60.00, that would force me to use an emergency stop loss above the 1288 line and prevent me from doing additional adds which is pretty much what I had accounted for.
If I get the 3rd short fill will have and avg of 1248.50. Looking to cover a portion somewhere around the 1180s 1190s.
Happy new year to all, hopefully 2011 brings you happiness and peace.
NH
Trade remains active.
Resistance still intact, planning to add an identical 3rd unit short at 60.00, that would force me to use an emergency stop loss above the 1288 line and prevent me from doing additional adds which is pretty much what I had accounted for.
If I get the 3rd short fill will have and avg of 1248.50. Looking to cover a portion somewhere around the 1180s 1190s.
Happy new year to all, hopefully 2011 brings you happiness and peace.
NH
