😂😂😂😂 Lesson Learned 😂😂😂😂 Because I got too excited for the set up, the previous buy stop I set was 161.300 and not 161.030. So I just have to be more patient before adding any trades as it will mess with the trading plan. Plan your trades and trade your plan. Initial idea was to get in before the break, after neckline retest add more trades. This was to ensure...
I had already entered an early trade of this as a risk but if we get the close I'm anticipating of the next few candles then I will place that buy stop and let it run. I will only adjust here and there according to SL and price structure. 1. Inverse H&S 2. Break, retest and continuation 3. Break of inverse H&S shoulder line 4. In the Correction phase
I've put 2 trades next to each other so you can see which type of trader you are, or which one serves your trading plan. It's the weeks forecast with all my analysis done (Starting from the 4H chart going down to 15 min). FOLLOW YOUR PLAN AND STICK TO IT
I was greedy and selfish and didn't listen to my own advice. Close the laptop and go enjoy the week. This weeks lesson - Follow my own advice and do not question my authority - Having foresight for the next week, makes it easy to prepare for the movements of the week. - Learning doesn't stop even if you have profits for the week
It's Friday, you don't have to fight it. Close your laptop and go enjoy your weekend, next week is a better week with more possibility.
Like GJ, I'm waiting on the possible structure formation. It's not support and resistance, it's the points of interest that'll direct my next actions.
NOOOOO It's not Support and Resistance🙅🏾♂️🙅🏾♂️🙅🏾♂️🙅🏾♂️⛔⛔🚫🚫🚫. I am seeing a possible inverse H&S, so I'm waiting for the formation of the other shoulder or a break of structure. With this info that the market has currently given, it's a short risky trade I see. So it's not what I want to babysit, I'd rather wait for the larger possibility. (inverse H&S).
New direction possibility. Knowing that we are not walls in our thought process, we are not held down directionally but we are dynamic and go with the market. We are waiting for more confirmation of the new direction possibility. 1. Highest point reached, therefore there needs to be more supply (stop orders from gamblers) in order to fulfil the demand (higher...
Protected, don't know why I didn't do this with UJ. The market is not your parents house, so don't overstay your welcome. Now we wait and watch.
I'm watching and waiting till it hits the blue rectangle, how it behaves there will determine which direction we will follow the market to.
I'm looking at this trade and I'm hysterical because I told myself that it's going to come back so move you SL. I said this before closing my laptop, but I guess it was louder in my head then the actual action of doing it.🤣🤣🤣🤣, it's one of those that are not bad because my plan accommodated the possibility of the loss.
The blue rectangle is the SL, now let it run. There are more possibilities we are waiting for but till then we wait.
It missed our Sell Limit by a few points, so now we wait and watch for a new entry.
This would be the time I'd be setting the sell stops, but also look out for a retest because the movement is too slow.
WEDNESDAY. Boom, it happened exactly like we forecasted last week and early this week. Those that placed and got rewarded well done. Close your laptop, withdraw your profits and go spend time with friends or family before your try to overtrade.
We weren't right, we weren't wrong. We were just on the side of the market demand and got in where supply started. With the many many many hours and fails, finally we have an idea of where we are going to. BELIEVE IN YOUR ANALYSIS.
Another possible entry we just waiting for either the pullback or consolidation, before setting up sell stops. The blue line/rectangle is our entry point. 1. Impulsive candle down 2. Pennant 3. Awaiting 3rd confirmations before entering
I forgot to check it, I quickly hopped in the shower😂😂😂😂😂. The blue line was my buy limit entry and my TP hit with one candlestick.