These are sell stops which I had placed on the 26th of December 2023, I got caught up and forgot about them. The market is currently not moving so I am at risk of losing these.
Having not paid attention I could potentially hit the risk I had planned to lose.
I had seen how the market pushed in between two price points (Blue rectangles).
Found the probability and the possibility.
Set my Trades up.
And now we are following through but if we continue the way we are going, we can actually scale in with where the market currently is. This is only advisable once we move SL into profit, above the previous high (about 179.86)
I'll keep an eye on it when the market opens and act accordingly.
Having not paid attention I could potentially hit the risk I had planned to lose.
I had seen how the market pushed in between two price points (Blue rectangles).
Found the probability and the possibility.
Set my Trades up.
And now we are following through but if we continue the way we are going, we can actually scale in with where the market currently is. This is only advisable once we move SL into profit, above the previous high (about 179.86)
I'll keep an eye on it when the market opens and act accordingly.
