Markets presented so many nice trading opportunities today but the ones I traded stopped me out. Traded CNQ on the break of 4th bar low and GS on the break of 6th bar low and both stopped me out.
I did not take any partials at 19%. I had set partial cover order at 38%. My target for this trade was 100% FE. I should have at least moved my stop to BE. I chose this over FCX because of the hanging man. Feel bad that I ended in red on a trend down day. Hope you had a good day.
2 comments:
Thomas,
That is unfortunate on CNQ. Looks like a good trade. Were you able to take partial once it hesitated at the 19% Fib Extension to lessen the loss?
Tyler
Tyler,
I did not take any partials at 19%. I had set partial cover order at 38%. My target for this trade was 100% FE. I should have at least moved my stop to BE. I chose this over FCX because of the hanging man. Feel bad that I ended in red on a trend down day. Hope you had a good day.
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