That’s the problem when one creates an expectation for the coming weeks – getting it wrong and being blindsided. We retain the 3 long trades but obviously felt some pain because of initial slippage on open.
Whilst the US indices may pull back a small amount here we continue to view the larger chart patterns mildly bullish in the very near term but larger picture a renewed push lower cannot be discounted. We really want to catch that move lower because it should be swift and sharp – the perfect place to make good profits if positioned correctly.
No trades last night. Account stands as:
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