Sunday, August 21, 2011

Trading Plan: Changing the Plan once a new setup comes up



I change my plan after a new setup comes up, on monday 22th of august I did no longer look for more long entries after the first run up from the vwap level bounced of the short entry.

Also an good area to change the plan is at the value area high and low levels as usually the trend reverses or continues at those levels.

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