AAPL: DOMINANT LEG IS DOWN. LOOKING 4 SHORT BACK DOWN TO 90
Waiting on a valid signal
No Fundamental consideration here. Just pure chart reading.
I shall update if I see a valid signal
No Fundamental consideration here. Just pure chart reading.
I shall update if I see a valid signal
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1H H&S must complete. But early bird entry ;)
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content.screencast.c.../2016-08-24_1739.png Target met...? content.screencast.c.../2016-08-30_1852.png 1H/4H target seems met . but Im trailing stop. I'd let market prove me wrong :joy:
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105.55 \_/
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If u managed the Apple short trade, then congrats. It was a sweet ride down.
As you can see now - the CRITICAL Price point has been breached = The short thesis on this chart , no longer valid as my my strategy.
Did I flip to long...? Nope! My method didnt see that coming ;) What I had at hand was to manage the short.
Everybody can enter a trade, but not everybody can make, and maintain the money so made.
Trade identification is the initial step, but after which comes the key thing - RISK, MONEY and TRADE MANAGMENT.
As you can see now - the CRITICAL Price point has been breached = The short thesis on this chart , no longer valid as my my strategy.
Did I flip to long...? Nope! My method didnt see that coming ;) What I had at hand was to manage the short.
Everybody can enter a trade, but not everybody can make, and maintain the money so made.
Trade identification is the initial step, but after which comes the key thing - RISK, MONEY and TRADE MANAGMENT.