– Price Trim: $92.31
– Percent Gain: 3%
– Reason for Exit: Reduced position size into strength before the weekend
– Percent Gain: 3%
– Reason for Exit: Reduced position size into strength before the weekend
Fed raises rates 50bps the biggest hike in two decades
05/04/2022
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FOMC: Balance Sheet Caps Phase In Over Three Months FOMC: Additional Increases In Fed Funds Rate Will Be Appropriate FOMC: Interest Rate Paid On Reserve
does price trim mean you raised your stop?
if not, what time frame or what indicator is giving the out here signal ?
thanks
Yesterday we alerted entry here: https://sepiagroup.com/sepia-group-trading-alert-vlo/
Price trim means we took some profit at 92.31. We still have a core position and have raised stops to breakeven.
Entry Alert = New Position
Add Alert = Added to the current position
Trim Alert = Reduced our position size
Closed Position Alert = Completed exited our entire position
Yesterday the entry was on the 2112 day up break (double inside break on the daily timeframe)
Today we took some profit into strength.