Great idea but execution was just too early or SL not big enough. So we learn and we do better next time
Woah😮😮😮😮😮 Not sure if I posted this but this was a thought I had but trade I was not going to take. It was an amazing opportunity but because I was already in GJ & UJ it would have disturbed my plan so I stayed out. Just practise to further sharpening my skills.
This was beautiful and there is no way you should have given this back. SL was moved into profits but manually closed because I was going to have a hectic day. Only updating now but this was a beautiful entry, beautiful RR and amazing trade. On to the next one.
This pullback is adding to our judgement that it'll melt. You can close some trades in profit and wait for the reversal to finish.
We add more trades and ride this the whole way down. We do not stop and we enter with caution, we are money managers and not gamblers. SO FOLLOW YOUR PLAN.
I don't think I posted this updated idea. I also didn't take the trade, so because I didn't journal I didn't place an opportunity. Yet it is okay we learn and do better each and every time we open the charts.
stopped out, but does not mean that we are completely out. We just have to wait for structure to complete the current phase of the cycle it is in before setting new trading goals for the week.
Instant execution. Break, Retest and continuation. Give it room to breathe.
Waited for the retest but it's not going as high as I anticipated. I will set out a sell stop but still be watching, also enough room to breathe with my SL. We had a break of structure, slightly impulsively.
Still holding, still running. So we keep it going and stay watching whether we double up or double down on the current trades.
The running trade was stopped out in profit, which is better than giving back. We are money managers and not a charity shop. So let's stay waiting and watching for the next opportunity.
The one that was already running, got stopped in Profit but the Sell Stop hit SL. So they slightly balance out. Yet we keep going
The earlier trade pulled me out and hit my SL while in profit. So now I have found another entry which I will gladly take (the instrument is rounded off on the charts so it's kinda hard to give precise exits) I entered at 33 111.52. My SL is 33150.52 and my TP is 32 111.52
Right now this is in my TOP 10 Entries for the year. 🍾🍾🍾🍾🍾🍾🍾🍾 This is due to it touching my entry not just once but twice. From there it just plummeted and has been sinking, you can move your SL into profit.
It has just crushed itself in price and collapsed on all beliefs of its strength. We wait for the impulsive break down and retest before entering. Till then stay vigilant and watching.
I could be blind while seeing this, I'm seeing a failed level to break (Twice). I am also seeing a channel forming. Yet the probability could be a reversal channel and we could see a break upwards
Not going to take it, just going to monitor it and watch it over the day. I would rather look for a better entry next week. I do not like holding trades over weekends due to broker regulations.
Good thing SL was in profit, so we didn't donate back. Tomorrow is another day but close of market so we will trade with caution and with a plan. Goodnight