If you followed my advice yesterday, or are following me on Twitter, you had a nice smooth entry today into the long position, which kept on climbing for most of the day. We now have 60 min and 120 min long positions open, for exact stop values you can look here.
It looks like the market is going to go a little higher but beware from a reversal near the weekly trend line.
Tomorrow’s Daily Battle Plan describes the system’s trading plan for tomorrow including entry and exit points.
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The day started higher but ended eventually with a breakdown attempt that so far was stopped, but overall we have been moving sideways for the last couple of days, and it can go either way tomorrow.
The system closed the 60 min long position it held with PROFIT and opened a new one at the last hour, for entry and exit points you can look here.
It’s been a good month and a half for the system so I am dreading a reversal of fortune, but as any good trader can tell you, you don’t stop a good thing in the middle.