Happy New Quarter dear fellow traders !!!
Happy new low of the yearrr!!!!!!!!!!!!!!!!!!!!!!! <0450 it was !
Well done Mr.BearWithFuryFireAndFur! Right here today the 4th, 0510s is my most importance resistance of the week so far, <0550, before which all up movements since 0610s were negligible = most crucial moment for me!, since my last post .
And 0510s resistance held ! Are bears doing it again !? Too soon to tell for me!
Bulls need strong support >0490 and counter it with >0550 asap, or pay the price of Mr.Bear's bottomless hunger, again !!
My 2 cents, continue following your rules based on your hard work and research and if, since your setup was triggered, some new price movement gave you extra juicy info/setup enough to reassess your previous entry, taking off SL and selling even more at 0550, therefore continuing to follow your hard-earned hard-developed and well researched rules 100%, than that is what you do and what makes you a good trader! If still in doubt, close all and go back to the drawing table !
Cheers Ironman777, and I wish you the very best not only with this trade, but with your trading success in the long-run !
I hope my quarter starts just as good as the last ended, with enough TPs hit with an Ohhh Sooo Sweet, the cherry on top, a trade with the risk of a scalp but with intraday TP:
+25+50, the best week/day/quarter ending I've had in a while ! Wish me luck for this new beginning, because, as some of you know, my risk management makes these beginnings even more precious than these endings !
My dear fellow traders,Have a fun, loving, peaceful last quarter of the year 2023
From your unconditional friend, always,
Happy new low of the yearrr!!!!!!!!!!!!!!!!!!!!!!!
DislikedA return to 07s from this period of attacking the last higher low of this uptrend could be all that is needed for bigger buyers to take it all back, and then some. A failure to do so(continues with new significant lows, like <0450, with sufficient sustained resistances <0550), despite the 2 higher highs and higher low vs. 1 solitary lower low in its infancy, and despite this determinant historical level (static(March2023 but also last higher low, now only +-Datr away, MaiJune2022, etc.)+averages(320-380SMAOpen)), could be all that...Ignored
Well done Mr.BearWithFuryFireAndFur! Right here today the 4th, 0510s is my most importance resistance of the week so far, <0550, before which all up movements since 0610s were negligible = most crucial moment for me!, since my last post .
And 0510s resistance held ! Are bears doing it again !? Too soon to tell for me!
Bulls need strong support >0490 and counter it with >0550 asap, or pay the price of Mr.Bear's bottomless hunger, again !!
DislikedI am tempted to cancel out the stop loss to add more if it hits the 0550 mark and then set a new stop loss @1.0620 What do you think people? The daily range has been printed but it can definitely get to the 0550 mark with another spike at news time, I don't want to let it get there and me not acting on it. I would definitely be ok taking that risk to have the chance to have a nice position to work with...Ignored
Disliked{quote} lol I hear you. I'm deft bias to the down side, it's just that I missed the Monday move down so I'd like to build something of worth to help it go down for when it's time so I'm just going to act on what I said above just in case it gets thereIgnored
Cheers Ironman777, and I wish you the very best not only with this trade, but with your trading success in the long-run !
I hope my quarter starts just as good as the last ended, with enough TPs hit with an Ohhh Sooo Sweet, the cherry on top, a trade with the risk of a scalp but with intraday TP:
Disliked15min hidden macd divergence in momentum + >1H90sma = Buy stop 1.05656 1.05636 SL6TP25+50!Ignored
My dear fellow traders,Have a fun, loving, peaceful last quarter of the year 2023
From your unconditional friend, always,
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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