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	<title>
	Comments on: AKS Swing Trade Update	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/aks-swing-trade-update/#comment-3133</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 24 Jan 2017 18:39:12 +0000</pubDate>
		<guid isPermaLink="false">http://rightsideofthechart.com/?p=174492#comment-3133</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/aks-swing-trade-update/#comment-3130&quot;&gt;Teeps01&lt;/a&gt;.

Actually, the stop was (and still should be) above 10.40. I remember incorrectly typing it as 9.40 when I posted the original setup &amp; entry, which I shortly afterwards corrected the typo to 10.40. I glanced the chart this morning when composing this post in pre-market &amp; figured that I had the stop above 11.40 since there was significant resistance at 11.25. However, that wasn&#039;t the case as the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.&#039;&gt;R/R&lt;/abbr&gt; to &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Second Profit Target&#039;&gt;T2&lt;/abbr&gt; would have been much lower than my typical minimum R/R of 3:1.

Sorry for the typo (again). I rushed to get that post out before the open &amp; should have verified the stop first. Will correct it in the update above. So far, a beautiful fade on the AKS gap which bodes well for the short trade &amp; although they came fairly close, they never managed to run the stock above the 10.40 suggested stop.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/aks-swing-trade-update/#comment-3130">Teeps01</a>.</p>
<p>Actually, the stop was (and still should be) above 10.40. I remember incorrectly typing it as 9.40 when I posted the original setup &#038; entry, which I shortly afterwards corrected the typo to 10.40. I glanced the chart this morning when composing this post in pre-market &#038; figured that I had the stop above 11.40 since there was significant resistance at 11.25. However, that wasn&#8217;t the case as the <abbr class='c2c-text-hover' title='Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.'>R/R</abbr> to <abbr class='c2c-text-hover' title='Second Profit Target'>T2</abbr> would have been much lower than my typical minimum R/R of 3:1.</p>
<p>Sorry for the typo (again). I rushed to get that post out before the open &#038; should have verified the stop first. Will correct it in the update above. So far, a beautiful fade on the AKS gap which bodes well for the short trade &#038; although they came fairly close, they never managed to run the stock above the 10.40 suggested stop.</p>
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		<item>
		<title>
		By: ben711		</title>
		<link>https://rightsideofthechart.com/aks-swing-trade-update/#comment-3132</link>

		<dc:creator><![CDATA[ben711]]></dc:creator>
		<pubDate>Tue, 24 Jan 2017 17:26:03 +0000</pubDate>
		<guid isPermaLink="false">http://rightsideofthechart.com/?p=174492#comment-3132</guid>

					<description><![CDATA[Great call!]]></description>
			<content:encoded><![CDATA[<p>Great call!</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: Teeps01		</title>
		<link>https://rightsideofthechart.com/aks-swing-trade-update/#comment-3131</link>

		<dc:creator><![CDATA[Teeps01]]></dc:creator>
		<pubDate>Tue, 24 Jan 2017 16:49:14 +0000</pubDate>
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					<description><![CDATA[Stop level doesn&#039;t matter now. Fade &#038; melt down by the looks of it.]]></description>
			<content:encoded><![CDATA[<p>Stop level doesn&#8217;t matter now. Fade &amp; melt down by the looks of it.</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: Teeps01		</title>
		<link>https://rightsideofthechart.com/aks-swing-trade-update/#comment-3130</link>

		<dc:creator><![CDATA[Teeps01]]></dc:creator>
		<pubDate>Tue, 24 Jan 2017 14:47:15 +0000</pubDate>
		<guid isPermaLink="false">http://rightsideofthechart.com/?p=174492#comment-3130</guid>

					<description><![CDATA[Randy

Is the AKS stop 10.40 or 11.40. Your narrative suggests the latter but you have 10.40 as the written stop level. 

Thanks]]></description>
			<content:encoded><![CDATA[<p>Randy</p>
<p>Is the AKS stop 10.40 or 11.40. Your narrative suggests the latter but you have 10.40 as the written stop level. </p>
<p>Thanks</p>
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