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Originally Posted by Summerset
Hedge by selling the market (4152-50) - at same size (1.5%). Stop loss on Hedge position 4190. Preliminary TP @ 4090.
Remove the stop loss on the original position (4110). The original position will now run with no Stop as it is risk balanced by the running hedge.
There is a retraction signal on 4hr that may deepen. So we will gradually make use of it
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Will atempt to close the hedge by limit order to buy at Entry 1.4152-50.
Keep Stop on Hedge same @ 4190.
Place Stop on original position back at 4110