moorekapital

AAPL: DOMINANT LEG IS DOWN. LOOKING 4 SHORT BACK DOWN TO 90

NASDAQ:AAPL   Apple Inc
164 0 10
Waiting on a valid signal
No Fundamental consideration here. Just pure chart reading.
I shall update if I see a valid signal
Comment:
Comment: 1H H&S must complete. But early bird entry ;)
http://content.screencast.com/users/moorekapital/folders/Jing/media/a8f5378a-7e99-4679-b734-04a5ab48f5a3/2016-08-24_1739.png
Comment: Just time it!
Never miss !
Comment:
Comment: http://content.screencast.com/users/moorekapital/folders/Jing/media/a8f5378a-7e99-4679-b734-04a5ab48f5a3/2016-08-24_1739.png Target met...? http://content.screencast.com/users/moorekapital/folders/Jing/media/cecd6e9d-8cc2-4110-adca-824158c12150/2016-08-30_1852.png 1H/4H target seems met . but Im trailing stop. I'd let market prove me wrong :joy:
Comment:
Comment: 105.55 \_/
Comment: If u managed the Apple short trade, then congrats. It was a sweet ride down.
As you can see now - the CRITICAL Price point has been breached = The short thesis on this chart , no longer valid as my my strategy.
Did I flip to long...? Nope! My method didnt see that coming ;) What I had at hand was to manage the short.

Everybody can enter a trade, but not everybody can make, and maintain the money so made.
Trade identification is the initial step, but after which comes the key thing - RISK, MONEY and TRADE MANAGMENT.
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