This thread is to record all trades that are not pull backs and are not breakouts.
Typically this means they will be counter trend trades.
Please do not post your charts in my journal. But you are welcome to ask questions or PM me.
Lessons:
Stick with what is low risk.
Stay with breakouts of horizontal lines - and high probability pull backs. Take both trade styles in direction of trend.l
Ignore the counter trend trades.
Trade 1 : Loss 1R. (Daily countertrend bounce)
Typically this means they will be counter trend trades.
Please do not post your charts in my journal. But you are welcome to ask questions or PM me.
Lessons:
Stick with what is low risk.
Stay with breakouts of horizontal lines - and high probability pull backs. Take both trade styles in direction of trend.l
Ignore the counter trend trades.
Trade 1 : Loss 1R. (Daily countertrend bounce)