SL 58.50 target 74.00, have been kicked around being long so this is last play. Due to divergence in signal i couldn't be a committed short, also PA kinda supports a move upto 74.00 but being long is definitely not the way and could be wrong as several times have been when i went long.
Have you been trying long all day or have you gone short? Seems like the trend is down, which would make for an easier trade, no?
yeah i went more times long than short but were all small losses due to tight stops, compared to the win i got from being a short twice. more than covered my losses by those wins. today i think i am trying to do more counter trend and getting my azz kicked but PA dictates so and only thing going for me is my tight stops.
Tenny, could you explain to me what PA is suggesting a move up to 2874? I only see one tight channel down at the moment.
i have certain high probability PA moves that normally are very efficient but when they get rejected then the opposing forces are very strong. but i am keeping my stop losses tight due to that and only taking a few counter trend that might have high risk to reward.