Son of If You Can Draw a Straight Line . . .

1 off at 3518.75

 

Very good, what was your rationale?

9:40 DL broken

 

lower high waiting for a retracement to get short out 2nd contract 3514.75

 

9:42 I have seen this before will proceed with caution, before taking any trade.
9:48 Break
9:49 The entry was at 14, missed it.
9:54 SL broken, 50% holding.

 

short now 3514 I am using the 500 tick chart and there was a retracement

 

out 1 at 3510 holding the 2nd until supply line is broken

 

steeper supply line

 

moving stop to 3508 last swing high

 

maybe should have exited on supply line break but with the hard move down I wanted to give it a little room in case I want to add my 2nd contract on a retracement if we continue down

 

out 3508.25 will wait and see