We are now seeing what the market is telling us, this analysis was just for viewing. I did not take this trade, but now we see where we are waiting to enter and how we are going to go about this movement.
We have been fighting the bears and only been bullish for quite a bit. Now we are just going to wait for the pullback/retrace which will tell us we should start preparing for the impulse. My current possible risk is inline with my plan, follows my mindset and it comes to me I don't have to go to it.
I have started the Sunday Sessions again and want to go back and use these videos for referencing and staying persistent. NAS100 Summary - Waiting for market open - Break out the box will confirm our short term bias - Retest at the different significant areas will give us long term demand - Smaller and more trades are the aim with this week and how we move till...
TP hit and it came back to retrace and start again. But my brokers spread is too big so it didn't hit TP rather it hit SL. So this means I need a new broker, that has a low and fair spread.
This is where my head is and this is what I'm seeing could happen. The past week I've been monitoring my progress for the past 6 months and it's been fair but I've been slacking on posting and keeping record. So I want to try harder to eliminate the things I already do on a daily basis and just post more for records and sharpening my edge.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Like I said that was just for my notes and to learn, therefore back to the drawing board and more refining of the strategy before we come back. Clearly the consolidation we saw was not a break of structure but rest before continuation.
Big risk and I do not advise it. This is something I have been watching from a distance for months, so no I want to try what I have been figuring out with OIL. I'm only posting because I need it for records and learning material for myself in-case this goes sideways, even when you look the RR is very bad but this is how far my strategy for oil has brought me.
Should I say anything or have you enjoyed the ride of waiting and watching. Either way we stay watching, we waited long enough so we should know that it happened not by mistake but on purpose. All we have is skill and sharpening the skill is all we can do each and everyday in preparation for what has happened and what is to happen
Short description of my weekly view Retest of bigger trend Bearish channel with a strong buying power BAT formation (inverse H&S) Touch on strong support structure (Blue triangle at the bottom) Still waiting for fundamentals to confirm For now just follow and use your plan to see how you can maximise either the buys or the sells that are on the way.
Apologies for not posting this on Friday. Still going to do a review of the week. I'm just busy with my relocation situation. So I don't think I'll be heavy on the charts but I'll put out my weekly review. What happened here was the positive gain of the US, besides the rumors and many people talking about the collapse. There are many factors which will direct how...
Didn't take this one, just watched it and learned quite abit. I'll add it to the sharpening of my skills
Do with this information what you will but don't enter if your rules don't allow you to. Rather watch and wait for your rules to be met in order to enter whether a buy or a sell. You are not a tree so move (change your bias for one kind of direction)
Once again like the previous Stop Loss that was hit😂😂😂😂😂 too early. So either the edge is too sharp or not sharp enough. Either way, we paid school fees
Made some bad decisions and my eyes are clearly fogged up, that's okay I'll sharpen the edge and make it stronger. Apologies for not being 100%
Quite risky but I'm going to watch it and learn whatever the market wants to teach me
I see it once again but this time, proceeding with extra extra caution and following My Trading Plan.
The reason I laugh at what has happened is because we were wrong yet we were in line with the market. We were too early,🥱🥱🥱 So had we waited just a little bit, we would have been in the and out very quickly😂😂😂😂😂😂😂😂. To another day🥂🥂🥂, we sharpen our skills yet again with this lesson.