Anyone from UK, Debenhams looks good for a long IMO, it's been sliding for ages, just like Next has, but I prefer Debenhams because it's just tagged historic support 3rd time now and nice strong upthrust, I'd say target is 80 vs 49 stop, currently 57.15, potential gain x2.80 risk, which is below my standard minimum of x3, so I won't be taking the trade personally. Does look good though for a reversal.
Naked Chart Based Trading PRM style "LESS IS MORE"
- Thread starter JSSPMK
- Start date
3rd leg for Saturday. Initial stake removed, risk free accumulator.
Lost 3rd leg. No loss as initial stake's been removed from the final accumulator. So far -1 unit.
Looks like GBPUSD is going to depreciate substantially again - when May is going to talk about Hard-Brexit
Did you make any bet on Everton vs Man City? 4:0 is another shocking result...Man C has a squad worth 1 Billion - and yet, they were thrashed. shocking. City is so awful to watch at the moment.
No, no bet on Man C, I hardly ever back away teams, only other type bets like over so many goals markets or both teams to score. Yeah, Man C is not what they used to be.
All I want is a dead cat bounce, not calling end of trend. You could well be right. I look at the chart and see a treble bottom - I go long.