Commodity trade.. we saw a retreat from 27 and the bullish hammer on the weekly will probably get us back with the stronger overall trend. Again a buy stop to just make sure I am in when I am suppose to be with that thrust. The weekly kijun acting as support adds confluence.
Entry: 24.95
SL : 23.90 (just below the weekly kijun)
TP1 : 26.00
TP2 : 27.96
R : 2.8
Position sizing is critical especially because of the high correlation of these commo-trades so to reduce risk small sizes needed.
Entry: 24.95
SL : 23.90 (just below the weekly kijun)
TP1 : 26.00
TP2 : 27.96
R : 2.8
Position sizing is critical especially because of the high correlation of these commo-trades so to reduce risk small sizes needed.
