Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Gold Daily Chart below…..
- Entry level ( market? wait for lower price? enter if price breaks above?)
- Exit in case of loss
- Exit in case of profit
- Trade size?
- If at a loss will I exit all? or in parts?
- If profit achieved will I exit part of the trade? ( assuming I am trading more than 1 contract or perhaps MICROS)
- Do I need to bring stop to breakeven at any point ( if certain profit achieved?)
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Futures Trading Levels
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