Supply and Demand Daily Trade Plan
Updated
RSI momentum has broken above 60, BULLS are in control for now. Looking for a pull back into Demand (Green) and exit trade at Weak Supply zone (First Red)
Trade is looking to be a 1:4 Risk to Reward.
Trade is looking to be a 1:4 Risk to Reward.
Note
Sopted out on first zone, placed a trade on the second zone with smaller risk exit at 1:3 R/RNote
Brought stop on second zone to break even after four basing candles at second zone.Note
Stopped out on second trade. No loss.... Down for the day. Good news:
I followed my trade plan of the day, Only Risked the amount I was willing to loose. Didn't move entries/stops because of emotions.
Order cancelled
Well shoot; came up and hit target anyway.
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