Mhangwane1

Mhangwane1

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.

Mhangwane1

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

Mhangwane1

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.

Mhangwane1

Apologies for not posting this on Friday. Still going to do a review of the week. I'm just busy with my relocation situation. So I don't think I'll be heavy on the charts but I'll put out my weekly review. What happened here was the positive gain of the US, besides the rumors and many people talking about the collapse. There are many factors which will direct how...

Mhangwane1

the cleanest but we did a good job, add to next level of edge.

Mhangwane1

Didn't take this one, just watched it and learned quite abit. I'll add it to the sharpening of my skills

Mhangwane1

Do with this information what you will but don't enter if your rules don't allow you to. Rather watch and wait for your rules to be met in order to enter whether a buy or a sell. You are not a tree so move (change your bias for one kind of direction)

Mhangwane1

Once again like the previous Stop Loss that was hit😂😂😂😂😂 too early. So either the edge is too sharp or not sharp enough. Either way, we paid school fees

Mhangwane1

Made some bad decisions and my eyes are clearly fogged up, that's okay I'll sharpen the edge and make it stronger. Apologies for not being 100%

Mhangwane1

Quite risky but I'm going to watch it and learn whatever the market wants to teach me

Mhangwane1

I see it once again but this time, proceeding with extra extra caution and following My Trading Plan.

Mhangwane1

The reason I laugh at what has happened is because we were wrong yet we were in line with the market. We were too early,🥱🥱🥱 So had we waited just a little bit, we would have been in the and out very quickly😂😂😂😂😂😂😂😂. To another day🥂🥂🥂, we sharpen our skills yet again with this lesson.

Mhangwane1

This is what I'm seeing. This is a possibility yet has a probability to reverse. So the Trading Plan will be followed to the tee.

Mhangwane1

I hope we are still in touch with the Sunday review. We were slightly off, but were in align (not right) with market and it's conditions. Should we see a break of the bigger structure than we know we should start preparing for a bullish run.

04:29

Mhangwane1

This is my my "Sunday" review. I'm slightly fluish but that still is no excuse to being a slack. Here we have US30 (A pair I actually didn't have the belief I'd be able to trade) From the Daily, we can see we are forming a pennant and in previous weeks we have broke an uptrend, retested and continued. So we know we have hit all 3 points on both sides. Move down...

Mhangwane1

Goodnight I'm closing all my trades. My week was slightly negative but today's trades made it less negative. I'll explain my mistakes on Sunday, with my market review and forecast for the upcoming week. CLOSE IN PROFIT MANAGERS

Mhangwane1

Still breathing with no shame. Good Job. Now we know we were right, we were just too early. So now we wait before re-entering, should have been taken out by your SL

Mhangwane1

Good job, move SL into profit or close now and open your laptop again on Sunday night for your weekly review