jongo, FMG YES mate the exit/stop strategy. No real answer here. Todays trading range was huge. Raise stop to preserve profit is a good thing.!! We all get stopped this way. No answer except to say + that is the market+.
This is only a part reply. Tomorrow I will have a better reply. I will do a NCW chart to show what I see. NOTICE!! I am a KISS as far as charts go these days. I have tried all sorts of lines and indicators over the years. I have now settled on simple approach that has worked for me. Some on the charting threads think that the more lines and indicators the better.
I still use the chart on IG and the free Big Charts. Do a daily candle chart with the EMA 10. (20 and 30 as well). Notice how in a trend that the EMA 10 is generally followed. The break of the EMA 10, then 20 is a sign of trend change. This has not yet happened with NCM. cheers Mower
