Didn't have time to post this yesterday (a long with some other trades).
Initial entry buy @135.785 with a limit buy @ 135.72 (2x lot size of original), which was triggered.
Net entry buy @ 135.741; SL @135.40
I entered this trade as a S.T. trade with larger lot sizes due to tight SL. This morning I took profits and closed the majority of my position (2/3rds). I adjusted my SL to 135.80, above my net entry point.
This allows me to trade risk free. From the charts, I believe EJ could move substantially higher L.T., however it is also at risk of a pullback. Since this is now a risk free trade & I already made a nice gain, I know a "nice gain" is my worse case scenario.
1D:
1W:
Long wick last week, indicating Bears were unable to maintain control. Bullish signalling up trend continuation.
Initial entry buy @135.785 with a limit buy @ 135.72 (2x lot size of original), which was triggered.
Net entry buy @ 135.741; SL @135.40
I entered this trade as a S.T. trade with larger lot sizes due to tight SL. This morning I took profits and closed the majority of my position (2/3rds). I adjusted my SL to 135.80, above my net entry point.
This allows me to trade risk free. From the charts, I believe EJ could move substantially higher L.T., however it is also at risk of a pullback. Since this is now a risk free trade & I already made a nice gain, I know a "nice gain" is my worse case scenario.
1D:
1W:
