Diageo plc
Long
Updated

12/11/24- Here is a new BUY breakout chosen by a completely mech

12/11/24- Here is a new BUY breakout chosen by a completely mechanical trading system:

Stop Loss @ 118.00
Entry BUY @ 126.70
Target Profit @ 140.24
Trade closed manually
I'm constantly simplyfying a process orienting the way I choose trades and I've come a long way in how I choose trades now compared to when I made this trade...I've simplified my methods and if I were to go back and analyse this trade based on what I know now, I would have passed it up...so I"m closing it
Note
This trade may still work out but I'm trying to be disciplined, I choose it because it looked right rather than following my checklist
Note
This stock has been headed down for at least the last two months and is clearly trending down...it would need to show me more than just one 2b pattern in order for me to take a long position...even if this trade works out,,,it shoud not have been taken

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