Following my DT entry yesterday, we have since violated the initial test but have not been stopped out.
Fear not...
Now we are setting up for a high probability Ascending channel. As long as your stops have enough breathing room from the DT entry, you still have a great shot at snagging those profits.
J- I know your style well as I was in your group ages ago. Question though how long would you have left that trade running if it had have stayed in the channel because from what I remember, if you make a plan you stick to it until it hits either side of the trade? Just asking if you also have a contingency for when something fails by moving sideways?
Was a nice trade and its good to see Sterling have the potential to use 1.4 even as a new floor to move higher. (Clearly this needs to be proven first).
Was a nice trade and its good to see Sterling have the potential to use 1.4 even as a new floor to move higher. (Clearly this needs to be proven first).