Late on publishing this idea but here it is for performance tracking purposes. I plan a to conduct a total of 6 trades following this strategy, so as soon as profit levels are reached I will be entering into my final 2 trades. (I've limited myself to 3 open trades at any given time)
Trade closed: stop reached:
Stop was hit at $35.25.
Lost another R here.
Lost another R here.
Comment:
Realizing that T earnings released this morning were most likely the cause of today's killer :(