Easy reversal this morning. Currently hedged and waiting for a move.
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Disliked{image} Easy reversal this morning. Currently hedged and waiting for a move.Ignored
DislikedHi Ulisesrocker This is the beginning of the trade, 1st a sell which I then hedge with a buy as it has gone to where I would normally place a stop. Now I wait for it to move either side of the hedge positions, i will then close the side in profit and add another order and also cover my position with another pending order which acts as a partial hedge if it gets filled: {image} The horizontal lines are what I use to judge price action which is basically measuring the recent highs/lows, I don't use indicators.Ignored
Disliked{quote} Now I have closed the sell in profit, added a second buy and a pending sell. The white horizontal is now my average entry price: {image}Ignored
Disliked{quote} Now I will watch and hopefully trail both positions into profit and cancel the pending sell order.Ignored