Pembelian
Diupdate

Cocoa horizontal range play

169
-56 week horizontal range
-Well defined boundaries
-Rising volume

-Break of upper boundary line, long 50 basis points
-Using commodities contract for difference as oppose to futures contract as my account size would not support such leverage
Catatan
Breakout or failure imminent, a surge in volume required to confirm and carry this move beyond the confines of this boundary.
Buy stop in place
cuplikan
Catatan
Order filled, Long at 2275
Trade aktif
Catatan
Nice gap into the weekly open. If gap proves to be a breakaway gap, may revise target to a partial close and trail stop on remaining position
Catatan
Stop moved to 2220
Catatan
Stop moved to entry
Catatan
Price has reached 70% of planned move, 3 day trailing stop now in effect starting at 2443
Trading ditutup: stop tercapai
Stopped out

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