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GKP - Research
its around about 17 ish area. so deep into the gap support.
so thats the area i would look to take new longs on if we dont get a 123 low breakout.
SirRichardBunson wrote: Not that I'm a triangle expert but my guess ,,,, if we take it from the break of previous support at 42.25 (11/02) ,,, I would have the target at somewhere 28/29 ,,,, I prefer following the long term downtrend lines and today I have support at 31.11 and falling daily ,,,, so watching on the side lines for sure at the mo ,,,,
How far am I out Remo ?
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- SirRichardBunson
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How far am I out Remo ?
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sorry for the late reply..been busy.
i would have shorted at that point yes .
The triangle breakout on gkp has a target as well...Does anyone know what that target is
SirRichardBunson wrote: Hi Remo ,,,, with Brent rising to $60.32 this morning would you still take that sell trade on the retest of the 42.25 support line should we get there,,,, or adopt a wait and see
I realise that this oil rise does not alter GKPs financial mess
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- Food4Thought
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PS: how much room do you give for stops TF? Ta.
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- Trendfriend
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You have to be in a trade to win trade.
You either get stopped out and lose a small amount, or you gain a nice profit.... one of the two...
Regards,
Trendfriend
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