Hey Crimpy,
as this is a pivot entry rather than momentum based the strategy can get juggled a little more. I mentioned I had two fills on the xjo thread, the first and smallest is a leader, it's designed to protect the second entry. It has already been stopped to pay for a trailing on the second entry. Normally the third would have been filled today however the intra momentum I chose not to take the position, so for the remainder of the short it now has a stop on a close above 3463 or intra above 3468.
The entry was based on a specific fib setup so it doesn't have any grey area, if the setup fails the position is closed regardless of where I think BHP will go down the track.
Cheers
resistance, page-56
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Last
$45.96 |
Change
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Mkt cap ! $233.1B | |||
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