it's time to sleep.
close position at BE+2
close position at BE+2
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DislikedNot so pretty for me today. So I entered long as the market seemed to slow when the bears were fighting price down (weak bear momentum). We had just had a NSH on the short term and my expectation was for price to go up. There was also some short term structure to the left which strengthened my reasons for entry. I trade a spread betting account so have a spread to deal with. Loss of 20 pips here. {image} My main error here was that it was only a weak NSH which would mean a larger correction of so I should have been looking for entries between 76-100....Ignored
Dislikedhit last target(target 5) a second ago then a rejection to the upside. I am all out of tricks {image} {image}Ignored
Disliked{image} Hello fellow traders, is my expectation in the attached picture right - [the blue line (showing a test of the NSH)]. May be it is not as straight forward but we expect a deep pull back as we are at structure. OR the short term and immediate order flow has more weightage. Theoretically, we have a NSL as the C is below the previous pullback. (horizontal Yellow bold Line). ThanksIgnored
Disliked{image} Hello fellow traders, is my expectation in the attached picture right - [the blue line (showing a test of the NSH)]. May be it is not as straight forward but we expect a deep pull back as we are at structure. OR the short term and immediate order flow has more weightage. Theoretically, we have a NSL as the C is below the previous pullback. (horizontal Yellow bold Line). ThanksIgnored
DislikedResults today USDJPY +27 pips (on double of yesterday's lot size so sure compensates for the loss yesterday) YM -12 +14 -17 total -15 points {image} {image}Ignored
Disliked{quote} PeterT do you have an overall statistic on your YM performance? I mean average profit/loss per day/week ? I'm just curious because IMO you are a bit overtrading but that might not be a bad thing necessarily. As a whole I think that most of the guys on the discord channel are a bit aggressive with entries but again ..that might not be a bad thing. It might be the fact that I don't like being constantly in and out of trades.Ignored
DislikedUSDJPY Analysis Intraday: NSH - Market made a NSH at 4:45 GMT Time and it must have reached it's exhaustion point since its in correction from there - It also completed a 3 harmonic pattern to the NSH Expectation: Price to come to the blue region which would be between a 50 and 61.8 Fib of that particular bull swing. If it reaches that area with the 3 SOS signals completed, i will take the trade long Long Term: NSL - Market is correcting from the NSL swing between 111.69 and 109.98 - If the intraday NSH reaches the blue region, i expect to exhaust...Ignored
DislikedUSDJPY Analysis Intraday: NSH - Market made a NSH at 4:45 GMT Time and it must have reached it's exhaustion point since its in correction from there - It also completed a 3 harmonic pattern to the NSH Expectation: Price to come to the blue region which would be between a 50 and 61.8 Fib of that particular bull swing. If it reaches that area with the 3 SOS signals completed, i will take the trade long Long Term: NSL - Market is correcting from the NSL swing between 111.69 and 109.98 - If the intraday NSH reaches the blue region, i expect to exhaust...Ignored