-3 Week flag
-2 year+ parabolic advance indicating strong trend
-Bollinger band squeeze on the daily
-Measured move 56.32 for a solid risk reward
-Similar characteristics to the RMD trade I had last month
30 basis points planned
Happy to have a buy stop order in the market during the day
-2 year+ parabolic advance indicating strong trend
-Bollinger band squeeze on the daily
-Measured move 56.32 for a solid risk reward
-Similar characteristics to the RMD trade I had last month
30 basis points planned
Happy to have a buy stop order in the market during the day
Commento:
Order tweaked
Buy stop @ 46.91
SL @ 45.99
TP @ 56.17
Buy stop @ 46.91
SL @ 45.99
TP @ 56.17
Commento:
Disregard. Original order
Commento:
Perhaps we will have to wait for $45 support
Commento:
Risk adjusted stop brought down to low of day 45.32
Commento:
Order cancelled for now.
I wouldnt be suprised if we break out tomorrow
I wouldnt be suprised if we break out tomorrow
Commento:
Will go long into the closing bell if we breakout with a stop at the low of the day or the previous day
Commento:
Orders in
Commento:
Orders pulled for now. Unable to effectively bracket orders at this point
Commento:
Have lost interest. No matter how its drawn, is a break of parabolic trend which rarely ends without a 60-80% retracement with a good slug of volume and a bearish engulfing candle
SL @ 45.78
TP @ 56.17