US30The one that was already running, got stopped in Profit but the Sell Stop hit SL. So they slightly balance out. Yet we keep going
Ngwanemoney
US30The 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
US100Right now this is in my TOP 10 Entries for the year.
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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.
US100It 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.
UJI 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
GJNot 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.
UJGood 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
UJWe broke out impulsively and we took it very early, now we going to hold but move SL into profits. We do not run a charity here and we are responsible finance managers.
UJI am anticipating this.
We come from a bullish trend, we now have a bearish small channel forming (Reversal). This indicates that we are in a bull channel and that after accumulation (Demand) has been placed, Volatility (Supply) will be fulfilled impulsively. That's where we either wait for the break and retest or enter early and hold (Higher risk but higher reward).
GJI am now closing all my trades, they are in slight profit. I just do not like the way the market is moving and the volatility is too slow. So I would rather take my little profit than risk giving to the market, I also will be busy for a while so I do not want to leave un-monitored trades running.
GJClosed half the trades because my goal for the day was reached, so I left the other half running and opened a few more when it retested. I'm going to add just 2 more this morning once the W formation is complete.
GJThis is where I'm seeing GJ head to. Yet I'm not entering yet, I'm going to wait for an impulsive bullish candle. The trend has been bullish, so this is a retracement and we enter continuation.
GJI don't even remember why I had set this but I'm seeing it now. We are still sharp and that shows with the direction, volatility and overall RR.
GJWe either wait for the break upwards and retest before entering, we are not going to enter prematurely or else we will pay for breaking rules. We could also see a break downwards so we will watch that and stay cognizant of todays fundamentals.
US30This is what I am seeing for this morning but because we are in the middle of the month and starting a new week, we could be seeing a lot of volatility. Thanks to the new found get up and go I have fed my mind, this week I want to be fully back in and going in hard this week. We will be watching fundamentals as well.
Tomorrow we have Powell speaking
Wednesday we have crude oil inventories
Friday we have the GDP reports
UJGreat forecast, I put this feeler out hours ago. It was not yet ripe so now it went above and beyond.
UJJust like that we were going to be out, but the US30 trade would have kept us afloat. We stay watching and waiting, close your laptops and enjoy your weekend. Monday is another day and this week if we calculate we should be up roughly 5% which is better than negative and higher than the 3% goal we were aiming for.
US30I guess had I taken the trade it would have been a great trade but I'm glad I didn't. The Volatility was beyond what I expected and am not a fan of trading NFP but it is good to know over 500k jobs where gained.
UJThis is another idea I am having and I just want to watch because of todays volatility it can bounce both ways before it chooses the direction it wants to go hence I am not entering trades today but will watch from a far.
UJMy SL was hit because I moved it into profit. Yet even if you held, you'd still be up. Today I don't think I am going to trade it is a Friday and it's an interesting day as it is the first Friday of a new month. Also companies have released their year end results many which were under par.
UJMove SL into profit and you should be good. This is a sign that we are still sharp here with UJ (just need to get sharper with GJ). It's alright and it should cover the GJ loss
GJI LAUGH AT THIS🤣🤣🤣🤣🤣🤣 It went straight for our SL before going to hit TP. So there's still some sharpening we need to do. Yet it is not a deterent.
US30This was a good idea but it was volatile, hence it went out very quickly but now is giving us more ideas.
