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1.59%

1,617.3 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-506

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srm777

953 Posts.

9

12/03/19

14:43

Post #: 37733870
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Originally posted by srm777: ↑

Hey Jako,

Love your work as always, havent been on in 6 months, work, family etc blah blah.

I see that there is a lot of negative press around coles, their half year results and the recent joint venture.

It does seem at odds with some of your charts
(which i have printed and highlighted since I initially stumbled across your wyckhoff explanations and VSA analyses last year).

so i had a punt today at $11.45, with a small stop at $11.20 and all out at $11.10

I find it difficult for stop placement as the historical data, you have noted and others, is limited.

At what level would you suggest a stop loss would be.

Cheers
Stu

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40% of my holdings got stopped out today, which sux cos it looks like it had a little spring if sustained.

Anyway, still got the lion's share in there. I may pull my stop and put a limit buy in tomorrow.

Thats my story

Stu

XLD Value at posting: 1,155.5
2 Upvote

0 Great analysis

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