AB long

[Steve Griffiths]

Hi Everybody,

Here is a nice TS2 buy on the Russell Index, so lets follow this today and see how it turns out.............

A good "test" of a set-up that is actually unfolding in "real-time" :)

Steve

[Steve Griffiths]

Hi Everybody,

Well, this trade did not go far. In fact it only rallied into an opposing TS3 sell set-up. I normaly dont "stop and reverse" like this but as this new TS3 sell set-up looked so good I would have used it to "at least" take profits on the existing long position ....... my only concern is the $TRIN, which is still in the blue (buy) tertitory.

But anyway. I hope this has been a good example of a trade "at the time" showing one that did not work out as anticipated. In other words, this trade did not even reach the first projected profit target.

I hope this has helped answer some of the questions that some of you have been raising and complaining that I only ever post good examples - well here is one that unfolded in "real-time" and did not work out as anticipated.........

I hope this helps ? :)

Steve

[stylist]

Hi Steve
Wouldnt you take your profits or scale out some at the first ts1 sell set up since its very closed to the first profit target

[Steve Griffiths (2)]

Hi,

Possibly, but I did not like the first TS1 sell AND this was "against" the $TRIN, so I was in a bullish mood, so I was not looking to get out early. Only when the second TS3 sell set-up arrived, which was (in my view) a very good looking set-up would I consider closing the long.

I hope this helps ?

Steve