Trade update: I left my trade open overnight, and my stop was too tight, price was pushed maybe 10 pips below my stop before it rebounded to the 50 fib. I should have anticipated that LO would push price down to get in better long positions. I have a pretty poor overnight record, so I think I will just stick to screen trading and maybe later down the road work on position trading for longer periods. My long trade was up 25pips and I should have closed at the NY close but hindsight is always sharper than forsight.
Good morning all!![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
Good morning all!
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
DislikedOkie guys, phase 1 of my trading plan has completed. Moving on to phase 2, looking for longs.
Climactic selling volume has appeared followed by a bullish reaction, in a demand zone aka support zone.
I predict price will most likely stop at the 50 fib, then back down to 61.8 for a test, then upup and away.
Happy trading!
As always my trades are public in my profile.Ignored