Need to be aware of the overall direction. There needs to be a story / narrative to why a trade is entered and it's direction.
Yes I am saying all of this retrospectively. However look at my trades last week and today. I have taken into account the bigger picture and determined what the story is. I will not get it correct all the time.
Hope the above helps.
Note: Missed the impulse trade this morning as busy, so took the pullback trade knowing I should get out of trade before potential reversal.
Yes I am saying all of this retrospectively. However look at my trades last week and today. I have taken into account the bigger picture and determined what the story is. I will not get it correct all the time.
Hope the above helps.
Note: Missed the impulse trade this morning as busy, so took the pullback trade knowing I should get out of trade before potential reversal.
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