Merry Christmas everyone, hope you are deeply invested in the eggnog, celebrating.
Christmas eve trading brought no surprises with a continuation of the move upwards, the only thing worth mentioning is the disappearance of the negative divergence and with it the short signals, so all there is to do for now is move the stop line for the 60 min long reversal position.
Battle Plan for the 12/26/2013
60 min reversal Take Profit stop under 182.93
* Stop loss lines should be triggered if there is an interval close above them (i.e. 60 min or 120 min ), they are published in the daily blog and updated during trading hours on twitter.
* Take profit lines should be triggered immediately when crossed, they are usually issued during the trading day on twitter.
* Entry signals should be triggered when crossed, but take into account that until there is a confirmation (i.e. close of the interval across the entry signal) , the signal can become a reversal signal.
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