Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

0.10%

7,978.7 s&p/asx 200

Yep. I meant she missed the 45 by one point in the first...

First 44 Last

Share
Profile

Follow
5speed

10,740 Posts.

2086

17/06/20

12:08

Post #: 45272742
Share

Originally posted by seak ↑

I have the one underthe 50 at 5940, bar is open and Hi at 45 low and close at 40 on my chart.

Looking at your June Boom, it looks hard to manage the risk. If you just sell on open there was a 20 point move against the position with a potential reward of 9 points if target was 1 tick above closing gap. I had a fib at 603 but didnt pull the trigger. I have tried putting a sell/buy 20 ticks from the close with a 10 tick stop for a 1:2 risk:reward ratio, but it will often do more than 30 ticks from close and as you point out, invariably fills the gap. However the potential damage from an opening gap not being filled is enormous.
seak
Look at that!! decided to go back for the 40 before the 86!!

Expand

Yep. I meant she missed the 45 by one point in the first downward attack - the first 6 bars. Gone now..

XJO Value at posting: 5,946.3
Upvote

0 Great analysis

Reply

Top Stories

SMI

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

PR1

Fourfold skarn increase points the way to viable garnet project, says Pure

Earnings wrap Monday Week 34: A2 Milk, Bluescope, Suncorp's climate woes & more

Good habits matters when it comes to finances

NOX

Noxopharm aims for autoimmune market with first human trial of SOF-SKN

There are more pages in this discussion • 44 more messages in this thread...

First 44 Last

Add XJO (ASX) to my watchlist