Tue 2024 10 08 - Short
Updated
||| Stats |||
Stats Day:
** 08:00 H4 double color, - Short
** 09:00 H3 Doji other side, - NO/Long/Short
** 09:30 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 09:45 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
Stats Week:
** US CPI: 14:30 - pending,
** Mon Morning rule - pending,
** Tue return to W1 trend and not a W1 trend change - pending,
Stats Month:
** Oct turn,
** Mid Nov end,
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H4
** Time:
* 08am,
Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
Risk Reward:
** Risk:
* Gap close,
** Target:
* R 1:1 as against D1 trend,
Stats Day:
** 08:00 H4 double color, - Short
** 09:00 H3 Doji other side, - NO/Long/Short
** 09:30 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 09:45 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
Stats Week:
** US CPI: 14:30 - pending,
** Mon Morning rule - pending,
** Tue return to W1 trend and not a W1 trend change - pending,
Stats Month:
** Oct turn,
** Mid Nov end,
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H4
** Time:
* 08am,
Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
Risk Reward:
** Risk:
* Gap close,
** Target:
* R 1:1 as against D1 trend,
Trade active
* The 8am H4 candle immediately reversed and now engulfed the 4am H4
* Strong risk of trade failing
* On return to 19015 consider ending trade on break even
Trade closed manually
** Results:
* Trade in closed manually at 9pm at 75% risk loss
Analysis:
** Was trade executed correctly?:
* Yes, although H4 double reached onto multiple element levels,
* Tue rule could give the intermittent down trend another turn dn,
** Improvements:
* None identified,
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