Well high probability trade evident on the charts for DXCM.
Even high probability does not mean much sometimes due to changes in market conditions and external factors. so trade with Trailing Stop loss.
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98 seems strong resistance. Lets see.
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view still holds
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view still holds even though Lower low seems possible. But still bullish till 84 broken
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closer to stop loss
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view still holds till Stop loss is hit
Trade closed: stop reached
Stop loss hit . Or we have to reverse the trade. I will still be in trade as this is a very strong support level. so taking the SL a bit lower as exceptional case
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There is one more way to deal with this trade to reset position at 67.5 to account for swing low. Below this there is a fundamental flaw in the stock and dark days will start for this stock
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This will need some time to prove if 67.5 and up is support.
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modified trade with base at 67.5 still valid but downward pressure is not easing. This is a bad trade but trying to control the bad trade with a safer view of 67.5.
This is testing limits.
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one of the most difficult trades due to reversals. This is back at our entry level almost. but this trade had to be re-positioned as it acted like falling knife. Had to reposition view also .
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most difficult trade is acting like falling knife again . Hope it will stop before 67 else will abort
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As usual this is a falling knife. It may stop at next support of just go to abyss.
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the most troublesome falling knife trade is still above 67.5 .some hope of reversal there. This is kind of ego trade where position had to be adjusted.
NOT good practice to keep pursue to go long on falling knife but hope it takes support on strong base.
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our most difficult of trade runs. 2 days some respite there
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our most difficult of trade runs. 3 days some respite there
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some of most difficult trades giving V shaped recovery for past few days. All weak players seem to be out.
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relief possibility in the difficult trade.
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relief in the difficult trade.
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again trying to go down.
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Some more relief in one of the most difficult trades.
Trade closed: target reached
Finally trade enters profitable territory. One or our most difficult trades is now profitable territory. Keep booking profits and trail stop loss.
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struggling to go up . Shows strong down push . Better to book and close the trade .
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Only risky players to continue and see if the strong level above is broken.
Trade closed: target reached
This one gave me lot of troubles . Finally up and profitable after adjustments.
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