DislikedHere's how I am playing this bar. First chart is entry at the close, s/l above the beob...my reasons for entering were, strong close of a huge bar (engulfed numerous bars), and close below what I saw to be a significant PPZ. I had my first target in purple (below the BRN), but I decided to keep the trade open when it reached the target and had a decent close. Second chart shows where I moved my stop (slightly worse than B/E but most of the risk is covered).
I still have my stop in that same place after the week's close so that I can see...Ignored
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- Post #124,292
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- Edited 9:34am Apr 1, 2013 7:12am | Edited 9:34am
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Indicators show the past. Price Action "Indicates" the future.
- Post #124,293
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- Apr 1, 2013 7:28am Apr 1, 2013 7:28am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #124,294
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- Edited 8:47am Apr 1, 2013 8:00am | Edited 8:47am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #124,295
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- Edited 10:18am Apr 1, 2013 8:30am | Edited 10:18am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #124,297
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- Edited 9:25am Apr 1, 2013 8:42am | Edited 9:25am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #124,299
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- Apr 1, 2013 9:00am Apr 1, 2013 9:00am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #124,300
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- Apr 1, 2013 9:08am Apr 1, 2013 9:08am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.