THE pre open US had a nice range run and nearly two short bo-5's by the open. The BO selling continued as PA sold off to bo-10, then bo-15 with an EMA as a strong resistance.
The exit strategy: take the first hit; either the BOT tracker (not shown) or PA hitting a prior SBBO level or the EMA.
When in a strong selling trend, all longs were CT and subject to fail. The exit strategy would eliminate early fake outs and attempt to maximize the exit value.
No comments:
Post a Comment