CBA short
-Huge 9 year pattern
-Lower boundary tested many times with out of line moves
-Established medium term downtrend
-50SMA is firmly below 200 SMA weekly
-Daily retest of underside of horizontal boundary friday close
-Measured move down to 44.37
30 basis points of risk
Could prove quite difficult to trade such a large pattern. If I am stopped out, will wait for a continuation pattern to get short again
-Lower boundary tested many times with out of line moves
-Established medium term downtrend
-50SMA is firmly below 200 SMA weekly
-Daily retest of underside of horizontal boundary friday close
-Measured move down to 44.37
30 basis points of risk
Could prove quite difficult to trade such a large pattern. If I am stopped out, will wait for a continuation pattern to get short again
Nota
Stop sell order @ 69.12SL @ 71.36
Will implement trend follow strategy
Dagangan aktif
Short 69.54 @ MarketSL 71.77
Trend follow model for trade management
We are a day away from the month close, If we are still below 70 by close tomorrow, cannot see price meandering at those levels
Nota
Happy with that monthly closeNota
Stop @ 71.43Nota
We had a strong monthly close below $70 but the price back above $70 and the bollinger bands squeezing is making me nervousNota
Stop moved to 71.02Nota
Stop moved to 70.56Nota
Stop @ 70.20Dagangan ditutup: hentian tercapai
Out on the pop above 70
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.