Everything went the worst way on Friday.
My longs "Google,Pepsi and SBM" were hammered. My shorts " BASF and Deutsche Telekom" are going up.
Air France and Delta LLoyd are not coming down.
Gold is not going up as well.
One key thing learned.
*60 min MACD breaks the opposite way, exit on the 5 min MA50 at whatever price possible and move on to the next trade. On average it will cost less.
Another thing to consider:
*Almost all the trades hit 60 min MA20-MA50 range. I have to revise my trade exit s that I make sure at least I break even if the trade goes bad.
SBM Stop:
Google Stop:
Deutsche Bank Stop:
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