remember on JO the first target was the 9 EMA, however since
that was cleared the 20 MA is now possible here. On those reversion
to mean bounce trades I always take off at least 50% at the 9 EMA,
and if I hold a trailer I'll take some off at the 20 as well. JO
didn't bounce from any base so it will eventually need to retrace
some again.
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remember on JO the first
JO (Coffee) ... Full roundtrip from the last move up ...
Posted by matt on 13th of Feb 2020 at 10:04 am
remember on JO the first target was the 9 EMA, however since that was cleared the 20 MA is now possible here. On those reversion to mean bounce trades I always take off at least 50% at the 9 EMA, and if I hold a trailer I'll take some off at the 20 as well. JO didn't bounce from any base so it will eventually need to retrace some again.