Australian (ASX) Stock Market Forum

Was thinking to go long off the support of BNO (Blue on chart below) but feel I've missed the ideal entry for least amount of risk.. 10% move today (Red).

bno_18_2_15a.png

Any thoughts on this one Pav?
 
Changes:

Setup 12 triggered.

Stop on SEN (Setup 1) moved to 0.08

Setup 14 cancelled.


I will post more charts over the weekend.
 
I like this one because it has setup a bit of an accumulation base and I think, given the position of the chart it's worth the risk.

SETUP 14.png
 
G'day Pav,

Didn't see that the S/L on Setup 12 had been moved up to 3.53 or did you take action to lift the S/L during today's trading hours?
 
G'day Pav,

Didn't see that the S/L on Setup 12 had been moved up to 3.53 or did you take action to lift the S/L during today's trading hours?


Initial stop wasn't in the best place.
Once it didn't take off immediately I thought best to exit.
Would have done it all differently if I had my time again. But not to worry.

I moved it intraday today when I posted.
 
No new chart posts because nothing triggered.

Of the current list:
Cancelled: Setup 6, Setup 7, Setup 10, Setup 13
Moved entry: Setup 4 (0.235)
New initial stop: Setup 8 (1.88)
New trailing stop Setup 9 - AJX - 0.65
 
The setup I had entry 0.39, 0.325 I took out by accident.
Can't remember which one it was. I'll put it back in as setup 15.
 
Hi Pav,

1st Q: Setup 3 NAN - No movement of trailing S/L from Initial S/L yet - happy with that at this stage?

2nd Q: Setup 4 - Initial S/L was .21 - did this need adjusting?

Thanks for the updates and new charts, very interesting to follow.
 
Hi Pav,

1st Q: Setup 3 NAN - No movement of trailing S/L from Initial S/L yet - happy with that at this stage?

2nd Q: Setup 4 - Initial S/L was .21 - did this need adjusting?

Thanks for the updates and new charts, very interesting to follow.


I thought I'd adjusted NAN to breakeven on here? Did I not do that?

Correct setup 4 was changed to 0.235 stop 0.195 I think. Didn't I post that either?
 
Did not see those changes Pav, might have missed them but I had a good look.

Thanks for the reply and changes anyway.
 
Two more setups.

A couple of changes to entries/initial stops and I think a cancellation. Not enough time right now, but here are the new ones.


setup 18 19.png
 
Hey Pav,

Check out HFA on the weekly and let me know what you think.

Looks pretty good from a Wyckoff point of view (just waiting for mark up)!

Interested to hear your thoughts and tech/a.
 
Apologies guys that I haven't been as active as I would have liked to.
It's been a really really busy period. I hadn't anticipated this. Luckily I've at least been able to keep updates coming even if I haven't been able to give it full attention posting charts etc....

Changes

MNY - OUT -$204
AJX - OUT -$322
Setup 14 & 15 = canceled

Biggest winning position (live) is NAN - $1,210

Setups 18 & 19 = triggered


I'll check that other one for you too mate later.
 
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