Nice sharpening - test of our level - trigger our buy limit - candlestick formation, indicating bull trend coming - straight up and no retest
From my end my broker is different so the spread did not affect me. The trade was not triggered therefore I stayed out of this. - the demand was not enough to trigger it - the supply was more to the other side Therefore we learn and we understand what has happened.
Last update on US30 for the day. - supply has reached it maximum capacity as it now needs to gain momentum again - orders filled (90% rule, credit FalconFX) - We have more than enough - SL was more than deep into profits so we are protected - Tomorrow is another day and there are more opportunities.
That is more than enough, move your SL into TP or breakeven. - The market has given us more than enough - Demand has been met by the supply - Impulsive candles indicate we were correct in following the market and the conditions - There is no slow down so it should keep going but do anticipate a pullback * remember this is a business, so because the business has...
Due to the slow down and compactness of the current structure move SL into profits or breakeven - momentum has slowed down - there is a decrease in supply therefore a retest is needed to have more to supply to the demand - there is still strong bearish pull but no energy so protect your capital - understand why it broke out impulsively and has to retest
I know I am not the only person seeing this now - break of larger trend - retest of the channel - lots of slowing down candles (consolidation) ∴ we can expect an impulsive candle coming. Which will either be bullish or bearish. - chances are that it will be bullish due to the average direction and momentum the market has been moving all this time. - I will set a...
I don't know what I am doing wrong but I keep getting it wrong as moderators keep flagging my posts. The impulse upwards was an indication that the demand and the supply met each other at the right time. The blue rectangle was an indication of a area of sensitivity, the market turned just before our entry point. Therefore we missed the initial target but that's...
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.
Didn't take this one, just watched it and learned quite abit. I'll add it to the sharpening of my skills