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12 years 9 months ago #5863
by remo
its a free trade as i use a 3 contract rule of mine. so ive taken profit on one contract and the others are moved to break even so hence the free trade.
heres the link to my 3 contract rule.
chartsview.co.uk/learning/3-Contract-Rule.html
Shotry wrote: Makes sense. Thanks, the other thing is, you sometimes describe a trade as a free trade (i.e. stop moved to a point above entry after spread). It's not necessarily free obviously if you hold overnight and it gaps at open or do you use guaranteed stops
its a free trade as i use a 3 contract rule of mine. so ive taken profit on one contract and the others are moved to break even so hence the free trade.
heres the link to my 3 contract rule.
chartsview.co.uk/learning/3-Contract-Rule.html
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12 years 9 months ago #5861
by Shotry
Makes sense. Thanks, the other thing is, you sometimes describe a trade as a free trade (i.e. stop moved to a point above entry after spread). It's not necessarily free obviously if you hold overnight and it gaps at open or do you use guaranteed stops
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12 years 9 months ago #5859
by remo
im looking for 145 area and then see if it can break above.
This is still in the up trend so this entry was based on the correction phase being over by bouncing of the trend line.So the main target will be to the highs again.
hope that makes sense.
so short term the target is 145. so far its working according to plan
This is still in the up trend so this entry was based on the correction phase being over by bouncing of the trend line.So the main target will be to the highs again.
hope that makes sense.
so short term the target is 145. so far its working according to plan
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