This is a Dominan Break strategy that has proven to work over time. I noticed recently I should follow the trend of the market. Since this is in a downtrend, I am placing a limit order.
Considering today is Friday, if the limit order is triggered, I'll close the trade wherever it is before the close of the market today.
Please feel free to share your thoughts and opinions by commenting. Thanks.
Considering today is Friday, if the limit order is triggered, I'll close the trade wherever it is before the close of the market today.
Please feel free to share your thoughts and opinions by commenting. Thanks.
Order cancelled:
Once more, the same has happened here. I cancelled my limit order and felt it would not go through. Trade has hit my limit order and currently running in profit.