Pete's Place

ouch

stopped out at 47.0

result: -5.0

 

short 47.0

 

tgts 42 and 36

 

much better signal than that last trade

 

revised tgt 1 to 43, just above last low

 

tgt 1 hit + 4 stops 2 47.5 on 2nd

 

i'd sure like to close this one out but am sticking to the plan.
In the long run I believe this will lead me to make better plans.

 

I see good reason to get out now,
that second low had a higher low in the naz a/d line.
Actually a long signal for me. Still sticking to the plan.
Just making a note of this for later review.

 

tgt 2 hit
it was at 37, thought I had set it for 36

this trade: +4, +10

 

Nice job managing that position. Keep it up.