October 4, 2016 Lesson
Despite an untimely W10 “I-have-no-choice” update this morning, I managed to time a double top in the fashion of a Big M pattern. While the runner didn’t trade all the way across the range – this was a good lesson in patience and strategic stop moving. It would have been very easy to increase the stop in the hopes of catching another wave of momentum, but gains are gains. Once the volume transitions are broken, it’s time to take profit.
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