Chronicles of an Idiot

Try this for a stop loss...1 tick above the previous high.

Nice trade BTW...

 

Thanks. I will explain what I actually did shortly. I am not good at getting them on a chart quickly like you.

Just explained above.

 

Yea, this time your stop was only 2 ticks higher. I guess the
point I'm trying to make is...if the price breaks thru that
upper resistance, the buyers are still in control and it's probably
best to just get out with a small loss and look for another entry.

 

I see your point.

 

Breakout - I was just curious. Did your strategy generate a signal at around 11:42? Looks like it produced a couple points?

Also, again at 12:24

 

Yea, I would have had a short, but I'm not watching this chart.
I'm trading pullbacks on a different chart. That's why I haven't
been posting setups.

I don't trade div/con setups anymore. I prefer a trend following strategy like pullbacks.

 

Looking for only 2 points here.

Target hit at 1011. +2

 

Is youe stop 1008 or 1007?

 

My stop is at 1007. Thanks. I definitely see what your saying.

 

You're not listening...lol