ES Long 4/21/2016, Position Management Thoughts
I see the line at 2096 as a contrived S/R. Same with what's at 2100.
However, at this time, it is safe to move the stop up a couple ticks to 2088.5. That's first.
Second, I set the first Profit Take for 33% at 2101 because of position management rules.
Third, when and if 2101 comes in and my position size is reduced, I will move my stop to breakeven 2091.
However, at this time, it is safe to move the stop up a couple ticks to 2088.5. That's first.
Second, I set the first Profit Take for 33% at 2101 because of position management rules.
Third, when and if 2101 comes in and my position size is reduced, I will move my stop to breakeven 2091.
