[quote=itinerant;6405459]Great post - very useful for those of us trying to learn.
I have a couple of questions:
This was an AB=CD which retested the high and held that was my first trade. The other lose are too far away and price action was trapped within this one.
It was a supply zone from prior swing high and confluence 138, 78 and 161 and C sell
I have a couple of questions:
QuoteDisliked1. What made you choose the low at circa 05:06:05 for your main swing rather
than the previous low just visible on your chart at 04:36:37? Or indeed the low
around 03:44 (not visible on your chart)
This was an AB=CD which retested the high and held that was my first trade. The other lose are too far away and price action was trapped within this one.
QuoteDisliked
2. What triggered your 4th trade (short at approx 78.6%)
It was a supply zone from prior swing high and confluence 138, 78 and 161 and C sell
If you fail to plan, you plan to fail.