Quick reply: Your stop should be determined at the time of entry
based upon your risk tolerances. Price action remains
contained within the pattern (no decisive move as yet under either
scenario). Maybe it stays range bound until Yellen speaks but
it could gap big depending upon what she says...decide if you want
to hold thru such an event.
That's for you to determine based upon your objectives and risk
tolerance since we are not aware of those specific factors and
cannot provide direct investment advice. Hopefully this addresses
your question. I certainly don't view yesterday's move as a
decisive break of any such trendline (it has yet to even take out
the prior highs).
Quick reply: Your stop should
TLT - chart discrepancy. Your stockcharts chart shows the July ...
Posted by steve on 24th of Aug 2016 at 09:59 am
Quick reply: Your stop should be determined at the time of entry based upon your risk tolerances. Price action remains contained within the pattern (no decisive move as yet under either scenario). Maybe it stays range bound until Yellen speaks but it could gap big depending upon what she says...decide if you want to hold thru such an event.
Currently it's at 139.57, 10
Posted by frtaylor on 24th of Aug 2016 at 10:01 am
Currently it's at 139.57, 10 cents below yesterday's low. Guess I'll leave it there.
That's for you to determine
Posted by steve on 24th of Aug 2016 at 10:03 am
That's for you to determine based upon your objectives and risk tolerance since we are not aware of those specific factors and cannot provide direct investment advice. Hopefully this addresses your question. I certainly don't view yesterday's move as a decisive break of any such trendline (it has yet to even take out the prior highs).
I hear you. It actually
Posted by frtaylor on 24th of Aug 2016 at 10:12 am
I hear you. It actually just helps me to focus a little to write on the blog. Thanks for being a sounding board. And here is my chart: