Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
Reading the text below is much more difficult than it was to do the trade. I had already posted a graphical picture describing the opportunity.
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11:04 |
Smallest TI possible to bottom-fish, close to triggering, is $9.30. That implies this bounce must hit 4006.80 to reach the first profit-taking level. // UPDATE 11:03 a.m.: The downtrend has now touched p=3985.60. Activation of a buy-stop would come at 3995.10, based on 3985.90 low // Trade has triggered. GCC must reach 4004.30 to enable first profit-taking opportunity. (Something wrong with my brain this morning. I could not get the numbers right and had to make 7 or 8 corrections. I think they are right now. The buy-stop limit triggered at 3995.10, wih p=4004.30 as the first profit-taking interval. I’ve had it for the day. I will not drive or move anything heavy. // Wrong again. I just made a ninth correction. I don’t think I am capable of getting these numbers right, which should tell you why trading and guiding others do not mix. In any case, the trigger DID occur at 3995.10, and it does need 4004.30 to take a partial profit of $920 per contract. // 11:30 a.m.) Okay, there’s the 4004.30 print. Anyone who followed my guidance should be out of half the position for a $920 profit per contract. d=4022.60. I will track this only if I hear from at least two subscribers who did the trade. You are on the honor system. // There is an additional buying opportunity that could trigger, but I will leave it up to you guys to find it, as well aa the location of p2. |
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