Morning Traders
So Yesterday had a couple of positions getting stopped out.
The shorts to be specific. As always, we dont just analyse for a winning trade, we also analyse the looser too to see where and why it went agaisnt us.
Couple of basic things stand out.
H1 was flat. H4 was flat and the only chart with a clear signal was the Daily. And it said buy,this we had already identified over the weekend and on Monday.
Why were we shorting? We were shorting the Range. and it worked well up until it broke....I got stopped out for a loss mainly due to the fact that when presented with the opportunity to trail the shorts, i didnt. Had i taken partial profits and trailed trades would have been stopped out at break even. price kept getting rejected soo much, at he range ceiling, i relaxed....other than that, the guys that held onto the buys from or near the D1 area that we mentioned enjoyed the rally up, i know Boo15 did...welldone mate.
Back to Levels
H1 is in Buy Mode again: Zone: 1538.2 - 1542.71
H4 Buy Mode again: Zone: 1531.6 - 1535.64
D1 Remains in Buy Zone: 1502.9 - 1524.9
Intra Day Levels
Upside
1564.5
1559.8
1555.7
1545
Downside
1538.78
1534.09
1529.43
1525.8
Trade Safe and stay profitable...
So Yesterday had a couple of positions getting stopped out.
The shorts to be specific. As always, we dont just analyse for a winning trade, we also analyse the looser too to see where and why it went agaisnt us.
Couple of basic things stand out.
H1 was flat. H4 was flat and the only chart with a clear signal was the Daily. And it said buy,this we had already identified over the weekend and on Monday.
Why were we shorting? We were shorting the Range. and it worked well up until it broke....I got stopped out for a loss mainly due to the fact that when presented with the opportunity to trail the shorts, i didnt. Had i taken partial profits and trailed trades would have been stopped out at break even. price kept getting rejected soo much, at he range ceiling, i relaxed....other than that, the guys that held onto the buys from or near the D1 area that we mentioned enjoyed the rally up, i know Boo15 did...welldone mate.
Back to Levels
H1 is in Buy Mode again: Zone: 1538.2 - 1542.71
H4 Buy Mode again: Zone: 1531.6 - 1535.64
D1 Remains in Buy Zone: 1502.9 - 1524.9
Intra Day Levels
Upside
1564.5
1559.8
1555.7
1545
Downside
1538.78
1534.09
1529.43
1525.8
Trade Safe and stay profitable...
4&1 All Time Profit:
$37,496
3