barjon
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Although the wot happened next? threads descended into chaos I thought I'd have another stab since people seemed to enjoy the exercise 
. This time we're concerned with managing a trade and exit strategy - we're in real time. I hasten to add that I didn't make the trade and I have no underlying interest beyond the exercise.
Right then, here's the scenario via the first chart:
You have entered three positions at the yellow circle and closed one at the pink circle. So how will you manage the trade from here, where do you plan to exit the remaining two positions and where will you place your stops? The second chart gives you a longer term perspective, but feel free to call up your own charts and timescales as you wish.
Have fun.
jon
. This time we're concerned with managing a trade and exit strategy - we're in real time. I hasten to add that I didn't make the trade and I have no underlying interest beyond the exercise.Right then, here's the scenario via the first chart:
You have entered three positions at the yellow circle and closed one at the pink circle. So how will you manage the trade from here, where do you plan to exit the remaining two positions and where will you place your stops? The second chart gives you a longer term perspective, but feel free to call up your own charts and timescales as you wish.
Have fun.
jon
