DislikedGood evening everyone, here is my plan ready for the market opening. Date: 21-05-2017 20:00 UK time. Plan made for Sundays opening News Alerts Eurogroup meetings scheduled all day (22-05-2017) Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing - down Last EMA Alert Arrow - up Last DB Attachment Down 122.547 Fibo down Notes: Uptrend but in daily ranging mode with white, smooth and purple running through center of candles. White, purple and smooth still in tight slider, with EMA and parabolics holding support. Last...Ignored
Long: Waited on new H2 candle for the spread to drop and entered long. Set SL 40 TP 40. Not very comfortable with the entry point as the stop loss is right at the SAR hit and I haven't entered at the edge of support. In hindsight maybe should have entered at market open as would have gotten in lower, but the huge 16 spread put me off.
Notes for readjustments: Market opened with roughly a 40 pip gap and H2 SAR attached at the bottom of the new candle already. It is around the H2 61.8 Fib and we have Romar support with parabolic support just below. Daily candle is just above the white,purple and smooth slider as reference for daily support.
Never Give Up