In this video I talk about how journaling your trades is an overlooked gym that could be a gamechanger for your strategy and profitability.
The specifics of this trade is that my entry(Short) was near the 21 moving average anticipating rejection on the 1 minute timeframe.
I use the 21 and 200 moving average to define an up or down trend.
Using the 21 and 200 moving averages as dynamic resistance or support
Maybe my 8 tick stop loss works if I use it on the 200 moving average instead of the 21.
This is something I will keep in mind and test out in the future.
The specifics of this trade is that my entry(Short) was near the 21 moving average anticipating rejection on the 1 minute timeframe.
I use the 21 and 200 moving average to define an up or down trend.
Using the 21 and 200 moving averages as dynamic resistance or support
Maybe my 8 tick stop loss works if I use it on the 200 moving average instead of the 21.
This is something I will keep in mind and test out in the future.
Disclaimer
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.
Disclaimer
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.