Continuation trade. Late on a few signals but all continuation indicators are showing a continuation.
Note
What sucks about TV is when you add this commentary you can't see the charts. Pretty annoying.
So going forward I'll add a comment.
T1 is just above last months open so will be watching that. Also this trade is technically a counter trend trade, weekly clearly bear bias. Will watch for follow thru on London trading.
Trade closed: stop reached
Both positions stop reached before previous London session.
AAR: Looking at the chart now my assessment that this is a counter trend trade was spot on. With this system should not be trading counter trend trades.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.