2(b) entry with break of fractal support in the direction of the main trend.

M5/15 RSI 50/50 Test Journal

How do I read - and then calibrate - the Daily Open Line and Daily HL with Open indicators to my time zone? The solid red vertical line is the London Open (3pm EST). How should the indicators be adjusted to reflect that - I mean, how should they ...

M5/15 RSI 50/50 Test Journal

I crashed and burned. But there was no surprise there. Note to self: Make sure the Market is moving.

M5/15 RSI 50/50 Test Journal

I got so excited seeing the 3brp that I neglected to take in the larger environment. I've really got to slow down my trigger finger...

M5/15 RSI 50/50 Test Journal

3-bar reversal pattern...

M5/15 RSI 50/50 Test Journal

Looks like I sold at the bottom again. I kept a "soft" stoploss at double distance so I wouldn't get tickled out again. This is something I never do - but thought that I'd try it out. Never again. I lost twice as much.

M5/15 RSI 50/50 Test Journal

I entered when price broke a fractal low and the New York low. Also a close below London low.

M5/15 RSI 50/50 Test Journal

Bravo!!

M5/15 RSI 50/50 Test Journal

Thanks for sharing all your hard work!

M5/15 RSI 50/50 Test Journal

Quite a drop! It's always been my habit not to trade NFP Fridays - just give myself the day off. (Sometimes I have to trade on Canadian holidays that aren't observed by the US or GB.) So it all works out. Instead I'll go out and play... ...

M5/15 RSI 50/50 Test Journal

The fractal levels line up very nicely with the fib levels on this chart!

M5/15 RSI 50/50 Test Journal

Nice strategy! I'll remember to do that next time.

M5/15 RSI 50/50 Test Journal

...And I moved my S/L to breakeven (+1 pip) when I saw price tickle yesterday's low. So I made 1 pip - which is still a lot better than a poke in the eye with a sharp stick...

M5/15 RSI 50/50 Test Journal

Nicely done!

M5/15 RSI 50/50 Test Journal

Took it as 2(b) re-entry...

M5/15 RSI 50/50 Test Journal

You called that one perfectly! I missed the entry. Maybe re-enter after it retraces.

M5/15 RSI 50/50 Test Journal

And yes! It went the distance...

M5/15 RSI 50/50 Test Journal

This just came up: 2(b) retracement entry in the direction of the main trend. Dashboard nicely lit up.

M5/15 RSI 50/50 Test Journal

I didn't see anything tradeable today. Just spiky Euro pairs earlier and then consolidation. So I just sat back and kept my powder dry.

M5/15 RSI 50/50 Test Journal

Oh, I believe it's true. It's just that I usually don't recognize it until after it has taken a bite out of my equity. I have no problem seeing it after the fact. I just don't know how to identify the important levels before I take the ...

M5/15 RSI 50/50 Test Journal