This short trade setup was first identified on November 25. However this market continues to move sideways. In my formal trading training I was taught if price doesn't
start to move in the expected direction after 3 or 4 days I should cancel the trade. So, I am closing out this trade with a very small loss. I will now wait for the next trade setup to develop.
start to move in the expected direction after 3 or 4 days I should cancel the trade. So, I am closing out this trade with a very small loss. I will now wait for the next trade setup to develop.