Man...the market went flying up from the beginning of the london open and the william % was well below 20%.
I was just looking for an entry to get into either on the continuation to the upside or the drop. Luckily, the market hit one of the major pivot point resistence as the william was dropping below 20%!
I knew the market would either have to go down or there would have to be a candle continuity signal.
The market dropped and at 2:50am or so, I saw a "hangman" candle form, which told me that if the next candle closed as a 'down' candle, I best should sell the market.
Well, the next candle was a down candle at the end of the 2:55am close and I sold market at 2.0440 and exited at 2.0426 for my 10 pips for the day. It took me a whopping 10 minutes to get what I wanted but it came swiftly.
Then, the market retraced back up to the 21ema line and I knew that it would retest the bottom again and it did just that.
I wasn't in on that one, but at least my total working hours was from midnight until 3:05am central standard time(or 4:05 Eastern time).
Not a bad night.....
peace,
CT
I was just looking for an entry to get into either on the continuation to the upside or the drop. Luckily, the market hit one of the major pivot point resistence as the william was dropping below 20%!
I knew the market would either have to go down or there would have to be a candle continuity signal.
The market dropped and at 2:50am or so, I saw a "hangman" candle form, which told me that if the next candle closed as a 'down' candle, I best should sell the market.
Well, the next candle was a down candle at the end of the 2:55am close and I sold market at 2.0440 and exited at 2.0426 for my 10 pips for the day. It took me a whopping 10 minutes to get what I wanted but it came swiftly.
Then, the market retraced back up to the 21ema line and I knew that it would retest the bottom again and it did just that.
I wasn't in on that one, but at least my total working hours was from midnight until 3:05am central standard time(or 4:05 Eastern time).
Not a bad night.....
peace,
CT