US30BELIEVE IN YOUR ANALYSIS.
It's why I advise to unfollow all traders on all your socials, it plants seeds in your mind whenever your search their name, see their posts or mentions. You shouldn't be on your socials that much, you should be refining and making your skill an edge for any market condition.
Close your laptop, it's Friday, enjoy your weekend. But before the relax conversation, either manually close or move SL into TP (To wherever you are comfortable, in case market close is messy)
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Zatrader
US30Triple Bottom Formation
- waiting on impulsive bearish candle
- that entry is where I will enter once there's an impulsive bearish candle and either a retracement or consolidation of candles
NAS100We have our impulse, now we wait for the retest and we enter on continuation.
1. Reversal within the channel
2. 3rd touch on the smaller 15min channel (Top Part)
3. Candles have reduced in size, indicating a smaller demand = less supply
4. Impulse bear candle
NAS100I want to say "control C and then control V" from the US30 analysis but we are not parents that believe all their children are the same. They may have similar traits but they are not the same.
Zoom out and you'll see that the current phase is a correction after the touch on the BLUE LINE, it impulsed up and is now correcting. We are waiting for impulsive candles which will show us direction and demand of that direction.
1. Reversal within the channel
2. 3rd touch on the smaller 15min channel (Top Part)
3. Candles have reduced in size, indicating a smaller demand = less supply
US30This muscle called the heart sitting behind my sternum, is about to break my sternum because of emotionally filled answers and observations. It wants the market to break down and keep falling. So let's do the money thing and put it aside and let the brain take over.
We only have one confluence
1. Channel within a channel
Due to lack of confluences, we will wait for more information.
GJIt's a late entry but it still follows the rules. Impulsive break, retest, candle confirmation and then enter. We have a considerably large SL due to our past experiences with GJ and where the market is. For now just watch, if you don't understand why I took this trade rather stay away especially if it does not follow your risk management plan.
US30Even though it took us out. I stayed to watch it because my confidence on the direction was shouting and screaming. 1% either we must increase the size of our SL or the one I'm going to apply wait for the rejection to finish before placing orders.
US30I have nothing to say buy just to laugh, honestly. We are still right but our stops keep getting hunted, I hope your sl was either at BE or in profit.
US30I had placed another sell stop under the previous low, bad idea as either their was a stop hunt or spread situation that tagged me in. I will manually close, WATCH AND WAIT
US30Like we predicated this is not our father's house. So your SL should have protected you and kept you at least 1% up. We keep watching and waiting
US30I have only been back for a day but current running profit should be enough for anyone that has their trading plan following rules. I have only been back a couple of hours and therefore will be monitoring this carefully. If you want to stay safe because you could be busy move your SL either into profits or BE (It's not your father's house remember that). Rather be smart than donate back to the market and your broker.