AMT: Would you comment on your position management approach a little more precisely that you already have earlier on the thread?. Thanks again. JW
Took fill at 749.50 after several touch and no fills at 749.00.....all 751.00 entries now covered holding all 753.00 entries for first target at 747.00....set another target at 743.00
Lower entries covered at 751.50......holding all other positions. My next target at 747.00 and then 743.00
Yes....thanks.....just trying to work a short position back on again (I will hold these position into the AH session Sunday).
OK. Is this more or less what you do?. You clear your "bad inventory" (sold at the lower rotation in this case) as soon as you can at small profit or BE, and keep the "good inventory" (the one sold at the highest rotation in this case) for an extended exit strategy?. What % of your max size did you execute on the earliest short entry?. Thanks JW
I cycle positions in and out as I build up a bigger sized trade while working what I see as high probability areas/zones to take advantage of. I enter new entries at each sign of buying exhaustion on intrabar pulses into the move. I would do the same thing if I was buying a zone with just the opposite delta readings intrabar.
Correct......usually 1/6th of max size per level, for the very first price rotations I enter as price moves into a zone I am willing to trade.
You are holding thru the weekend?. Today is friday. Thanks for your position management approach. I think it is mostly clear now. JW