This is a favorite trade of mine, it's done on a short term chart (15 minute) and the beauty of it is we use some trend line to confirm entry, if we don't get the break we don't take the trade.
This one is coming up on overbought so watch for a short term trend line break and a move back down towards 108.00.
Stops are flexible, I usually add to this trade if it goes against me. So it if does I keep selling with new confirmation until all positions are in profit, trade management is super important here. I'll keep you updated on the details.
This one is coming up on overbought so watch for a short term trend line break and a move back down towards 108.00.
Stops are flexible, I usually add to this trade if it goes against me. So it if does I keep selling with new confirmation until all positions are in profit, trade management is super important here. I'll keep you updated on the details.
Jared Johnson
Union Hedge Funds
Union Hedge Funds