- An unconvincing Base and Break trade
- Unconvincing because I really didn’t see any entry bar signaling an Entry
- Instead, I just took the Opening Range Low (15mins) as the Base/Pivot Point, and entered Short when prices dropped below that level
- Once I was committed to this trade, I adjusted the Stop continuously to a level that makes sense
- I was then Stopped Out at $6.12
- Prices did eventually hit my Target of 138%Fib
Tuesday, January 13, 2009
LVS – A Slight Win
Filed Under ~ Base and Break, Fibonacci Retracement, Gains*Paper, Paper Trading
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