This strategy and trade should try people who are willing to take some risk.
Trade Buy 7880 : Target T1 8454, T2 8800, T3 9200, T4 9750 : Stop 7620 R:R 2.2
This is a higher risk trade using half the position sold at 10850. Evaluate your risk tolerance and positioning before taking this trade as this is a continuation trade. This is a summary of the more detailed trade I posted earlier this morning.
After expecting a Bullish Reversal with what looked like the perfect reversal signal we ended up with the makings for a Perfect Storm with nothing but negative news releases every day from the typical Boom Doom and Gloom reporters.
Disclaimer:
Any market data or commentary used here is for illustrative and informational purposes only. Don't trade with money you can't afford to lose especially with leveraged instruments. The past performance of any trading system or methodology is not necessarily indicative of future results.
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