taftrader

Better Entry to the Short!

Short
JSE:VKE   VUKILE PROPERTY FUND LTD
We talked about this trade earlier (see attachment), but this is for those who had not entered when we did. Today offers a better entry with today's candle coming back to test the kijun break. So ideally today would be a good entry but we make room for any upside movement by our SL. Our targets are still the same but have a better risk/reward due to the lower SL. I expect the real move to happen next week but we position ourselves earlier and catch every last drop of 'pip-juice'!

Entry: 2 small positions @ 1934
SL : 1982
TP1: 1870
TP2: 1821

Remember to manage you position sizing in relation to you account size!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.