Pleasure Karl . As we know everyone has a plan but on lots of occasions it goes out the door in 5 minutes once the plan doesn't act accordingly.
That's why in investing ,and trading I would've thought,give yourself lots of room . Don't go low reward set ups ,and especially if they're not low risk.
As you say ,BHP you can read like a book . There's easy money to be made there as long as you remain humble in your expectations .
It's not my preferred strategy for making money out of the market ,but in this particular market it's an excellent capital preservation play with a reasonable mid term opportunity for capital gain which you can either take or rollover.