DislikedThis a short trade from the daily chart (long term hopefully) sell limit filled, just below support, that fills the basic 'Simple Trading Method' ( read the threat 4 times now)To include a hundred other things, coupled with over a thousand or so hours of watching this screen. And I'm still learning too,no pro here, YET !
Cuz.... I'm diffidently not lucky and trying to be smart...
Here's what I saw at the daily chart, and I do look at 1h and 4H prior to making the tradeIgnored
Ditto on the 'not lucky and trying to be smart'.
Totally forgot the knock 3 times set up pattern
Actually took a nibble and set up a short position also but on demo. Really need to make sure I know what I'm doing before committing $$$!
Since it IS 'monopoly money' I took a stab at a position I thought was okay (attached pic)
Would appreciate any feedback on that choice. Randomly chosen TP and SL btw.