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docholliday
Feb 12, 2018 1:37 AM

Copper buy setup Long

CopperFXCM

Description

R:R is >4:1 as stop at 886 fib retrace is outside of channel trend so a valid point of stop out.. see chart -- Happy trading ...
Comments
docholliday
taken out for nice profits at 3.21 area.. deep correction of this move now.. taken in buy entry again at 3.075, currently at break even and will hold for the reward.. once there the sell will be on the radar! If it comes and takes me out - so be it.. to grow the account, you have to take FULL rewards to your target IMO.. happy trading - this one has performed so nice.. will keep enjoying the ride!

docholliday
Moving stops now.. we are at a 4h/1h TL. WELL IN PROFITS! lower stop to 'give room' if long term to take to the daily channel top area. Tighter up here if you are short term and fear the pullback or fear risk of it tumbling back on you.. The risk with tight stop is if it takes you out and GOES..you may not get a chance to get back in.. this one never gave me a chance to add on.. but im not complaining.. haha..

docholliday
Great trade - stops should be moved to Breakeven by now.. going nicely, but nothing goes in straight line -- so you will have to decide if you follow stop up, take some profits off at first pull back.. or hold for the all or nothing enchilada!
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