Tuesday, November 24, 2015

Redefine Short Setup

Its been less than a month since the last (unsuccessful it must be said) trade attempt on RDF. Interestingly enough we now have a short setup in play as the 3LB breaks below its previous swing low. Entry zone is between R10.49 and R10.65 with a stop as a close above R10.80 and downside targets at R10.18/R9.87 and R9.72

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2 comments:

  1. UnknownNovember 25, 2015 at 5:03 PM

    Got the perfect entry to this trade at the top of the entry zone at R10.65

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  2. UnknownDecember 9, 2015 at 9:36 AM

    Closed out this position at R10.01 after a trailing soft-stop got triggered for a 6% price move and a 4.3-1 reward-risk

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