Good day everyone, I lowered my SL to 1292 on my short position as the break @1284 to the upside was confirmed, I will take a small loss if the the SL is hit and will stay away today since, apparently, outside markets tend to be bullish and being a Friday I prefer to walk away with some profit instead of risking my weekly gains. On the buy side, I have attached a weekly chart that shows possible reversal levels on the downside. Should there be a sell off I would try to buy around 1271 or 1255 depending on how strong the sell off is, however at this time there is some bullish tone short term, the break @1292 would take the price to 1299 very quickly. If on the on the contrary my SL is not hit then the first target will be around 1271.
Sir, id set a pending buy for 1292. 5, in any case it beaks over. And will take a small tp. Leaving my shorts over the weekend at 1283 and 1287.
ReplyDeleteWell planned. Don´t forget your SL should the order @1292 is triggered, remember that gaps on the weekend can be massive.
DeleteI did not get it on the first read, are you setting a SL @1292 for your shorts? or a buy order to go long @1292.
DeletePardon I confused myself. My plan was to set sl at 1292.
DeleteGot it.
DeleteHi Guys, also sitting on the sideline, made some profit, will rest, put in some screen time and take on the beast next week again.
ReplyDeletekeep well, great weekend, and thank you that I can be part of such a nice group of people
Same to you, next week will be as good.
ReplyDelete