Whip Saw to clear stops in both directions. However, Short Entry could have been between 48.60 - 48.79 with a 23 pip SL and this trade is still valid :)
hungbui
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@richbarile, its been crazy trading today. Closed with small profit ;) not sure what it will be from here.
hungbui
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hey Rich - tks for sharing. Are you looking for a short from above 48.60?
UnknownUnicorn609879
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@hungbui, no problem, yes it could possibly shoot up for a stop hunt to the 48.60 area with the news release and then follow the general pattern short. We will see :) proper risk management is always essential!
hungbui
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@richbarile Yeah sure ;) how confident you would rate this call?
UnknownUnicorn609879
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@hungbui, if it stop hunts to the 48.60 area with oil news release, i would take a sell, SL 23 pips above entry. also news is at 1030 not 10, my mistake :)