QSR LNG position- STP triggered. Took the Loss
Basic Price coming into DZ. Good odds. Price fluctuated in DZ & close below it. STP triggered. Loss carried
LONG on QSR - Took Loss
LOSS Taken 0.88
Why I took the trade?
The long-term (M) in uptrend
The trade chart(W) is in correction.
The price coming into the DZ (D) unbalanced selling. Outside BB bands
Low Risk as ENT was near the bottom of DZ
TOOK my Loss - am proven wrong.
for 2-3 weeks price stayed in the DZ, slightly breaking above it & closing.
Yesterday Price closed below the DZ
Am out.
LONG on QSR - Took Loss
LOSS Taken 0.88
Why I took the trade?
The long-term (M) in uptrend
The trade chart(W) is in correction.
The price coming into the DZ (D) unbalanced selling. Outside BB bands
Low Risk as ENT was near the bottom of DZ
TOOK my Loss - am proven wrong.
for 2-3 weeks price stayed in the DZ, slightly breaking above it & closing.
Yesterday Price closed below the DZ
Am out.
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