This content is restricted to CTU members
We start the webinar looking at MU. We see that it’s making a wolf at a key moving average. Using a t-chart we list the cases for both bulls and bears. The bears definitely have the stronger case so we set up a short plan and talk about if we should be aggressive taking profits or not. We do an RvR Trading refresher and talk about where we put our stops and targets. As we scroll the chart we see that it initially goes in our favor with one pullback until ultimately reaching target. We have a good discussion about using discretion for mitigating, NOT closing an entire position. We stay mechanical to capture as much profit as the chart is willing to give.