DislikedHere is trade on GJ today...I wanted to hold it longer...see how i missed my target by a pip...lol...
the short taken on the above RN and target was below RN....
see how i missed my target...lolIgnored
Arjun,
I'd like to understand based on what you got your confidence doing this trade. All I can see as novice trader is.
EY was rallying up for more than a week... and I see only 3 retracement during that period so far and last retracement got some room for CT...
You got into trade right on 38.2 fibo retracement based on Friday low. The price went to 50% fibo retracement and riched support zone...
move was fast, i hope that was nothing to do with news..
Arjun, could you add more comment for me to think? And thanks for uploading this chart.