barjon
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A slight variation this time.
You've been holding a long position from the black line and you are a bit nervous with the penultimate shooting star type candle and have decided to look for an exit just below its low if it goes that way the next day. Unfortunately you get no chance with the gap opening and like a good numpty you can't bring yourself to bite the bullet and flee so you watch the candle develop with some relief that it closes well off its low.
So wot happened next and how do you plan to manage your position from here?
good trading
jon
You've been holding a long position from the black line and you are a bit nervous with the penultimate shooting star type candle and have decided to look for an exit just below its low if it goes that way the next day. Unfortunately you get no chance with the gap opening and like a good numpty you can't bring yourself to bite the bullet and flee so you watch the candle develop with some relief that it closes well off its low.
So wot happened next and how do you plan to manage your position from here?
good trading
jon