Hi All,
Just wanted to start a team journal for SRDC II. I know this will benefit me greatly and I hope you as well to be able to post trades we took, rationale behind taking the trade(s), compare our analysis with others, and allow others to comment and possibly correct our logic if it's faulty.
My last trade:
Trend changed today from short to long and we had an extremely long candle on the 15min chart that approached the 0 weekly fib level -- I went short at this level while the price was just a smidge in the top quadrant. I set a target of 10 pips due to it being countertrend. Result -- +10pips.
I consider this a high risk trade and not following SRDC rules hard and fast.
Just wanted to start a team journal for SRDC II. I know this will benefit me greatly and I hope you as well to be able to post trades we took, rationale behind taking the trade(s), compare our analysis with others, and allow others to comment and possibly correct our logic if it's faulty.
My last trade:
Trend changed today from short to long and we had an extremely long candle on the 15min chart that approached the 0 weekly fib level -- I went short at this level while the price was just a smidge in the top quadrant. I set a target of 10 pips due to it being countertrend. Result -- +10pips.
I consider this a high risk trade and not following SRDC rules hard and fast.
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