In this recent post I mentioned a couple of potential set ups I was watching as well as including the charts highlighting some recently taken trades. Here is an update, plus a few more setups which I've added to my watchlist.
This German stock has continued to trend nicely in my favour. as things stand my current trailing stop is about +2.5R above my entry, and current price is just over +5.25R above the entry level:
This UK stock has pulled back following a couple of strong days. Based on my rules, the 10 day low denoting my stop (the thin red line) will be moved up a lot closer to the current price early next week:
This German stock has moved up from entry and is currently at around +1.2R above the entry level. You will that the 10 day low in this chart is still well below my entry. Therefore, my breakout stop is currently in use, and will remain so until to the 10 day low overtakes that point and becomes the trailing stop:
Cable has continued to move up and closed near the highs for the week. Price is now just over +1.8R above my entry:
Here is the chart for Medical Properties Trust. You can see the breakout failure which meant I was stopped out the session after I took the entry. If you look at my performance history, the vast majority of my losing trades look like this:
Finally, in terms of new potential setups, here are just three of those I am watching. In these cases, again there is nothing new or different - I just keep looking for the same basic setups. Rinse and repeat...