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117 Traciing By The Book - Part VI 2018 1%3 1917 1871   SI0C5 3 1 Figure 71
Trading By The Boole - Part VI  >iK= 41 yj}= 41 D=iaB4 0=6151 = 162 L=6135 = 44 Figure 72 1004. My next chance to trade the Swiss Franc came only four days after taking profits on my last trade. The weekly oscillator was pointing up and the daily osciiiator was correcting, I had tried to buy a breakout of the highs for the previous twc days, but couldnt get filled. Finally on 1004 I was fiiied shortly after the open at 6154, with my stop below the low of the previous day at 6102. When the markets had closed and I was going over my charts, t realized a ledge had formed between 6103 and 6153. I didnt care if the breakout came to the upside a that would have strengthened my position. But because of the ledge, 1 changed my protective stop to a reversing stop. The next day, prices broke to the upside, but then crashed and took out my reversing stop at 6102, actually filling me at 6101, the low of the day. i was down 53 points (6154-6101). I placed a protective stop just above the top of the ledge for my new short position. The next day, prices gapped down at the open, but closed near the midpoint, moved my stop to the high of the day. Then prices moved down repeatedly for four mc days. 1 trailed my stop behind the high of each day, and was stopped out as shown aft: the inside day. i had regained all my lost points plus another 58 points to boot. Then somebody said something about looking like the cat that swallowed the canary.
Trading By The Book - Part V!  = ?B yJ)= 78 B:1812 0=9727 H=9809 L=9?26 C=9B06 Figure 73 10112. My next chance to trade the Bonds came in October. The weekly oscillator was pointing up. The daiiy oscillator had corrected out of overbought, and I decided to buy the breakout of the high at 98-10. My stop loss was at 97-22 and my profit stop was at 98-20. I was filled and out with a profit the next day. Because I was filled on a blowoff day, I decided to wait rather than go for it again the following day. Boy, was I ever glad that I did that.
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