Though MACD lines had pretty good strength, you can see in reality how a similar indicator which was against the prevailing trend is making the market stuck. This is a crucial position, unless there is an uptick in the chart, we keep moving the stop below the previous low and through that we will be able to reduce the risk. This is the advantage in the swing system while on the trend system the stop is constant.
Though we have moves the stop to a good level than it was at the open of the trade, it is market closing time now and if the last bar of the day holds to our moving stop we need to exit in the next session below the low of the last bar of today. That would add more to the risk as we do not know where the market would open tomorrow. But, it is a part of the system rule to hold on till the stops get triggered.
On the other hand if the market takes off into a bullish move in the next session, our holding to stop wins us applause.
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