Hello Blayden-
I've been been on a webinar, just got off:
Regarding HYG, if you are short, put a stop in place. One
place could be setting a stop at the highs, the weekly chart has a
potential doji candlestick, so a stop could be set over the high.
This is if you were already short.
Or if you are not short, you can do what Steve suggested:
wait for a symmetry break then short the subsequent lower
high!
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blayden - on HYG simply
Any advice on proper HYG short trigger
Posted by steve on 15th of Jun 2017 at 12:23 pm
blayden - on HYG simply trade your plan. One thing to watch over time would be a lower high to form for another entry (possible HS type pattern)
Hello Blayden- I've been been on
Posted by matt on 15th of Jun 2017 at 01:13 pm
Hello Blayden- I've been been on a webinar, just got off:
Regarding HYG, if you are short, put a stop in place. One place could be setting a stop at the highs, the weekly chart has a potential doji candlestick, so a stop could be set over the high. This is if you were already short.
Or if you are not short, you can do what Steve suggested: wait for a symmetry break then short the subsequent lower high!