SPG
Was initially short at 1.023 from 23rd on neckline break. Hedged up 27th at 1.016 and collapsed the initial short during the retrace.
Got back in short 2 core positions (1.02095 & 1.02143). My stops are at these levels & running hedges below each. (i typically run a conditional hedge and only an extreme stop until the trades in the money then i put stops at or in the money).
Exit target is slightly above 0.98 however will be adjusted dependant on the macro, momentum & gradient of the downtrend assuming it continues.
AUDCAD, page-4
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