GKP

Gkp bounced of the trend line this morning perfectly.Was a good place to go long on a first attempt basis.
If it finishes below the trend line then it could head towards 150. So this trend line is important .


dl.dropboxusercontent.com/u/4899609/gkp31stjuly.png

Spot on perfect per my post 23/7..... hoorah! o)0)

And spot on imperfect for the stop loss!...... Grrrrr! And the trend line took a hammering too
There has to be a better way of determining SL's. Anybody got any suggestions??

last swing low on 4hr chart diver <155 or 151.

quick chart

dl.dropboxusercontent.com/u/40497882/gkp%204hr_31July.JPG

WaveSurfer,

Yeah, I know you're right; trying to be cheap and it cost me money - silly old -ugger! Had I done the job properly I would still be in the trade and it would have cost me nothing. So mad at myself for being stupid (: (:

Hi
GKP seems to be struggling around the MA200 or is it just consolidating ready to make a move upwards?
Also, there seems to be some inside bar consolidation going on for the last few sessions which seems to look like a bear flag - or am I drawing silly pictures??

rt0.e.prorealtime.com/ProRealTimeNew/dis...4v&type=png&purpose=

Gee