Trend formed:
Current price @ 64.95. trend is unclear, because the candle heiken in d1 -tailed two and is small. but seemed unable to penetrate sma5 prices high h4. I am trying to sell.
Position For Order:
Position 1 ==> instan sell position.
Position 2 ==> sell limit @ 65.16
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0116-42-32.png
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