TradingView
moorekapital
Aug 7, 2016 1:41 PM

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

Apple Inc.NASDAQ

Description

Waiting on a valid signal
No Fundamental consideration here. Just pure chart reading.
I shall update if I see a valid signal

Comment

Comment

Comment

Comment

Comment

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As you can see now - the CRITICAL Price point has been breached = The short thesis on this chart , no longer valid as my my strategy.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.
More