Weekend short off the top worked well, covered @ 2:1 reward/risk

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
220 0
The OTE Short sweet spot tag earlier today (847.52) represented an excellent shorting opportunity considering how far down the current 2hr OTE long sweet spot is ($580). As added confirmation, the trade itself setup off a nice bear momentum divergence. The fill took less then 9 handles of heat (where accepted risk was up to 40). The trade did take quite a while to come to fruition but it seems that once again patients and discipline pay off. Had I run a 2 lot, I would move my stop on the remaining 'runner' to break even and just see where the wind takes I said earlier, the 2 hour OTE long sweet spot at the moment is around $580!
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