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in this one, (long term) but trendline and 50 day should give buy the dip opportunity (tight stops)

This ones at the main trend line.
im long with a 5 point stop so small risk.
This is a first attempt trade...i am long from yesterday..
This is from the interesting chart section


see how this bounced of the gap fill as well.Perfectly... This shows how gaps give support

What's you're target on this Remo. I can envisage 139 (that's really short term) and also around 154?

im looking for 145 area and then see if it can break above.
This is still in the up trend so this entry was based on the correction phase being over by bouncing of the trend line.So the main target will be to the highs again.
hope that makes sense.
so short term the target is 145. so far its working according to plan

Makes sense. Thanks, the other thing is, you sometimes describe a trade as a free trade (i.e. stop moved to a point above entry after spread). It's not necessarily free obviously if you hold overnight and it gaps at open or do you use guaranteed stops

Shotry wrote: Makes sense. Thanks, the other thing is, you sometimes describe a trade as a free trade (i.e. stop moved to a point above entry after spread). It's not necessarily free obviously if you hold overnight and it gaps at open or do you use guaranteed stops

its a free trade as i use a 3 contract rule of mine. so ive taken profit on one contract and the others are moved to break even so hence the free trade.
heres the link to my 3 contract rule.
demo.chartsview.co.uk/learning/3-Contract-Rule.html