Friday, 11 November 2016

[review] US election week: what i did

Foreword
Reacting to the uncertainty caused by US elections,the markets declined to the days leading to it. However when it became apparent that Trump was winning or have won, the markets rebounded, and the rally, i believe, will continue to rise as the uncertainty is no longer there.
Prior to that, I exited a fair bit of trading positions, while i keep all my income positions. and i spotted a single position and entered into it. Retrospectively, i should have prepared to snipe a few income counters on the dips!


Counters
Noble. Entered a small position, because it was a reversal-breakout play! will upload the chart when i am more free! EP: 0.177; SL0.170; T: 0.20.5,0.22
* update, there was a Breakout and NOBLE went up to 20.5c ( my TP), but i thought i could hold onto it for awhile, as the MACD just turned upwards. and I believe noble has sort of bottomed out.


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