Tiny 2 wave pullback
Posted on February 26th, 2008 by Art Vandalay
- big momentum move
- consolidation
- red lines are initial and trailing stops
- 1st pink line is long entry ( 8.67)
- 2nd pink line is partial exit (8.93)
- 3rd pink line is closing trade (9.25)
- risk was 0.13, reward was (0.26 + 0.58)/2= 42 cts or more than 3R
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