US30 Daytrade Idea (Test)
Updated
On the idea that during sharp drops or gains, as long as its above/below 25% of the leading candle. A trade can be made to the next liquidity point. With a stoploss between 50-70%.
Market tends to extend in the direction closed the previous day and retrace highs/lows.
Since yesterday was deep red, we can expect some move back down to that area.
Market tends to extend in the direction closed the previous day and retrace highs/lows.
Since yesterday was deep red, we can expect some move back down to that area.
Comment
evidently the entry was too early and the stoploss shouldve been the true entry at 37902. Took repositioning loss and entered short 37902, and still expecting continuation to the downside.
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