Stopped out of the remaining 1/2 of my short at 1490.25 (dammit), for +1.75 on that half. Now flat. Given the impressive support at 1487.75 earlier, I assumed it would be impressive resistance once we broke through it, so lowered my stop to 1490.25. Seemed like the right thing to do at the time. Hell, maybe it was...she's still trying to go up here at 1490.25. Guess any profit beats a loss, but I'm disappointed. Looking to take another bite of the apple.
just got my first position on short from 94.35 1 tick from HOD so far stop will be 94.65-94.90 area... dont want to give specifics... target in the 92.00 area About 5:1 r/r
Here is the visual of entry, stop and target Obviously the trade is not because of a trendline.. actually I barely use TL at all. Just a confirming factor.