also just wanted to point out that your 1340 short was right into the cycle bottom of 1325ish YET AGAIN!!!!!!!!!!!!! at least you were somewhat above it this time and not right on it great stuff
sorry for the delay - the Short @ $1340 with Stop over the top FAILED. (note: the numbers are all posted ahead of time in realtime so even if I'm late to respond to the closeout of the postion, what's posted in advance is the real deal)
Improvements in hindsight continue ...... the 4H $1,340 SHORT was the right action. This was a correct call to go short with appropriate STOP=over the top. So far so good. The missed, but henceforth fully implemented safeguard was to close short @ $1,360. The loss would have been smaller. Of course one could have gone LONG, but I'm not doing that. I'm staying focused on catching the ultimate Short regardless the small change I lose in the attempts to catch the reversal. Therefore on 4H the LONG continues (I am as stated NOT IN as I am only interested in Short) quest for the ultimate short continues with no joy thus far, but plenty of value for the tuition.
Haha. Anyone remember marketsurfers bold gold call? Ihear he is still paying backthe margin call on that disaster.
As shown in prev. post and in earlier posts ..... The blowoff stage is well underway. We'll catch the end of the blowoff end = reversal on the 4H timeframe.