Don Miller's Thought Process
Nicely done as your short entry (or stop on a long) was triggered by the price cross below the 15MA. Hopefully, you noted the high stochastics and their failure to match earlier highs, which would have alerted you to watch for a break of trend support. Don't lose focus though and make sure your stop is in place in the event the market turns back to the north and violated the initial trade premise.
No comments:
Post a Comment