Love it when it misses me by one tick - i guess they are not gunning for me after all lol. Still not sure how this will work out. Bears are strong. May get stopped out yet. Starting to trail now, don't like this action.
Lol it may seem that way. But all my stops are based on little price zones. Sometimes i use very small stops as i know where my entry is invalidated and i am wrong. I try to keep my stops just out of the minor noise factor e.g. a region where price hits then i know i am wrong on the trade. I had my stop at 34.50 as price could retrace to the 35 easy. However, when we but in the 3 top test of the minor trendline to 1338 i moved my stop up as i know that i good sign of a failure.
I would love for 1330 to hold. Going to attempt another counter-trend trade. I might call it a day if this one fails. Long 30.50