Use a stop loss under yesterday's low, risk 1% max, and aim for a 10% rally from here.
Commercial traders have been increasing long positions, and the chart is very bullish, and outperformed most commodities in the previous session, so this is a very attractive setup.
Good luck,
Ivan Labrie.
Commercial traders have been increasing long positions, and the chart is very bullish, and outperformed most commodities in the previous session, so this is a very attractive setup.
Good luck,
Ivan Labrie.
Comment:
If stopped out, place a buy stop at 178'6, with the same stop loss we have now.
Trade closed: stop reached:
Wait for a breakout of the highs.
Trade active:
The breakout order got filled, and trade is in good profit.
Comment:
Great!
Comment:
Close half of the trade now and move stops to today's low. Last: 182'4
Comment:
Amazing move.
