DislikedDOW Trading brain not in gear today and ended up giving $$ back to the smart money! Bought at the top! REASON: NY Open candle “looked like” exhaustion candle at support Next candle was huge buying with large volume and OI but did not break bearish structure 9:45am candle was again with large volume and OI and broke bearish structure. Entered on close of candle expecting a re-test of H1 high Got out on close of candle below 9:45am candle. Sellers continued to sell but did not reverse and enter short as it is not often I get my trades wrong so didn’t...Ignored
Hi strat ,
About your yesterdays trade , pls look where your trade was at? LVN (lo vol node) .Suprise.... As I said in my mails to you these are really good levels where the new big commercials might apear. I could give you many other signs that you should have exited that trade with a minor scrach . but those might be different from the way you trade so might not make sense.
Focus, Patience, Discipline, Determination and Perseverance