7012first 5% position. entry same. stop logical.
I follow the same idea, that after earnings surprise and an initial jump in price there was a tiny consolidation preparing for a second push.
My problem is that I could not move stops up jet and my open risk gets to big.
that is if all positions hit stop loss.
7012 trade ideas
Kawasaki LongI realise all doom and gloom the main outlook for equities at the moment (I'm short S&P and ASX200) however got to stick to your system.
Range set 5.20 - 18.80 (Jul'07- Nov'08)
Broke out of range Jan'14 and now pulled back to ~50% fib at 12
Supportive trend line set up with 3rd point in Feb'16
Seeding pattern on the weekly
Looking for buy signal into 10-11. If we break below 10 then looking at an 8 handle to get long.
first potential set up SL 9.70 TP1 18.00, TP2 26.30