Wednesday, October 5, 2011

trying 2%


I jumped in on Big Es entry for the Sell. There is definitely a bullish trend but within a channel.

I found the channel after I was in the trade and then looked for support of my trade. The spike was a breakout of the channel, I did find some Fibnode support which is where I put the Stop Loss and I pushed the risk to 2% to give it some breathing room.


The breathing room lasted most of the night but I guess fundamentals or something else pushed it over.

Find more support for the trade before I get in, not after.

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