Disliked... I would have known the direction SHORT TERM. I will wait! Thanks again sisse for the insight as I watch DAILY for your input!!! And, I am ready for any lashings in mistakes made if I exited to soon or with my bad thinking I shared here! All the Best to you!Ignored
Regarding your questions. I wont give you my or a bias as it will defeat the whole point of this chat. I would just remind you to some of the discussion we had last month about Mapping a trade & Timing.
So on the one hand you know by now that this move hasnt change anything on the mid term swing, has it? but you also want to FADE and go long for a potential short term move (the reasons are irrelevant) so let me just remind you this: (please read the entire posts again, the previous and the the one that followed...
Disliked3. Timing
--> The third key point on properly mapping a trade is TIMING. Meaningnot what?, why?, where? or how? but WHEN to trade the areas in the map.
--> For the purpose of this post I will just focus on mapping macro direction for timing not in the inner flows (thats for another chat). In general, we can divide the triggers for timing in 3 categories:Ignored
First and the most important. What is your risk? did you already map your risk before even looking at time or TA or FA or whatever? Is the risk of your stop worth the trade?
What is your potential actual map?
What is your event trigger this week for timing? or you again just want to step in blindly for the just in case?
So if you know your potential event trigger? how would you plan the trade in advance with the sessions and mini potentials movers in between ?
You don't need to reply in public. These questions are for your eyes only ...My 2 cents again, Focus and map risk first, risk second, risk third and then map your levels and timing for the move ...
GL
sisse
Pending conversations? PM for a chat...I am mainly in OTM now