LONG IDEA
Updated
Market has shifted favoring longs. Targets and annotations made in the chart. 18581.4 possible targets.
Key levels and annotations made on the chart.
Once the stop level of 18443.9 is breached, the idea is invalidated and no trades for the day
As usual, manage risk and conserve capital.
Risk engaged minimized to half following a loss on the previous idea.
Key levels and annotations made on the chart.
Once the stop level of 18443.9 is breached, the idea is invalidated and no trades for the day
As usual, manage risk and conserve capital.
Risk engaged minimized to half following a loss on the previous idea.
Note
Ideal stop placement should be 18429.8 instead of 18443.9. Providing a reasonable margin for error going into the New York OpenNote
Partial target achieved, scaled out positions and stop loss trailed to break even or betterTrade active
Potential for the London Open today to move higher. Shorts may not be idealNote
Longs Re-enteredNote
Scaled out again at 18,535. Most shorts during London have been squeezed as anticipated
Trade closed manually
Last trading day of the month, last day of the week. possible 50/50. All trades closed.Note
anticipated targets achieved, however closed trades before targets. Follow for more ideas and updates.
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