US30 - Shorts
Currently in a weekly down candle, on our way to a daily POI/Demand candle. Looking at a current position to a future position (SELLING ON LTF TO BUY WHEN HTF ANALYSIS KICKS IN). Using the 4H/1H to dictate my CURRENT position and using the 1W/1D to dictate FUTURE position. Just because daily looks very bullish, doesn't mean you should buy right now (as a intraday/scalper). Selling on a 45m POI with a 5m refined entry in order to enhance my RR.
Currently in a weekly down candle, on our way to a daily POI/Demand candle. Looking at a current position to a future position (SELLING ON LTF TO BUY WHEN HTF ANALYSIS KICKS IN). Using the 4H/1H to dictate my CURRENT position and using the 1W/1D to dictate FUTURE position. Just because daily looks very bullish, doesn't mean you should buy right now (as a intraday/scalper). Selling on a 45m POI with a 5m refined entry in order to enhance my RR.
Note
Price playing underneath 50% sl, the trade is sitll a go even though its a sundayNote
Now playing around 50% sl, would exit trade
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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.