KWH Journal Entry #35Lesser Position— 1:5 R
“Direction” via 1D
a. Which phase is the market currently in?
(✓) pump phase!
(X) dump phase!
“Structure” via 15M
a. Did the previous day’s market pump higher?
(✓) yes, thus my bias is long.
b. Has price triggered a support line on the 15M?
(✓) yes
c. Is the market currently in its pump phase?
(✓) yes
“Execution” via 1M
a. Is there a local structural low that a long position can be taken from?
(✓) yes; you may buy when most optimal!
Foreigncurrency
Type One!King W. Harbmayg's Journal Entry #32
Greater Position: 1:10 R
Scheme 1— Direction via 1D
a. current daily structure favors shorts,
b. prior day printed short candle,
c. and so my bias is short
Scheme 2— Structure via 15M
a. pump & dump setup,
b. market structure supports bias,
c. price pushes from supply zone
Scheme 3— Execution via 1M
a. price is at or near coordinate,
b. execute during entry window, (X)
c. stop loss at high of structure (X)