John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (18952)	4/5/2017 10:29:06 AM
From: The Ox	Read Replies (1) of 33421

Thanks for sharing the process, JP! I am slightly curious as to why you'd start the short here, while the trend is still showing up in the Peso? During this latest move that started at the beginning of the year, there have been a number of periods where the peso paused for a few days (small back fills at the most) before returning to the trend up. I agree that upward slope is starting to show signs of rolling but only minimal signs and still solidly within the upward channel from the past 3 months. Not second guessing your approach, since your trade has obvious and clear stops to guide you going forward. Just wondering if you didn't "jump the gun" a bit?

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