you are viewing a single comment's thread.
This is still the plan, short at 4 to 4.10 with stop at 4.13.
It just could not bust through 4.12 at the close. This again leaves it at risk of a short term double top from 4.12 a few days ago. I trade on what I see and not on what someone thinks, with tight stops to protect capital. nuff said
Palladium moves higher tomorrow, PAL moves higher with it. Double top, triple botton chit means nothing. You are at risk of losing your shorts if you get what i mean!
Could also gap up in the morning and take out the stop.
I was stopped out the first time and lost 3 cents. I'm now making it up big time. Moving stop loss down to lock in nice short gain at 4.10 short.
Nice play tx, i'm going to wait for better days!