Still anticipating a melt lower before a continuation higher.
Market sentiment is bullish since highs are being broken.
this could be a retracement lower for a continuation. so I advise caution.
As usual, secure positions, partial, and manage risk.
Annotations and partials made in the chart
if I'm wrong, ill manage risk, secure positions, and re-assess my idea
Market sentiment is bullish since highs are being broken.
this could be a retracement lower for a continuation. so I advise caution.
As usual, secure positions, partial, and manage risk.
Annotations and partials made in the chart
if I'm wrong, ill manage risk, secure positions, and re-assess my idea
Comment:
Profit target 1 achieved taken scaled out
Comment:
Pre-NY session, we could have retracements higher. Secure positions
Comment:
Trailed stops to breakeven
Comment:
Scaled out, minimized risk and maintained breakeven stops
Comment:
Would you buy a retest higher or short for a continuation lower?
Those are the odds at the Previous Day's High level
50/50 depending on how you want to position yourself.
Remember when in doubt, do nothing, and don't push your luck.
Those are the odds at the Previous Day's High level
50/50 depending on how you want to position yourself.
Remember when in doubt, do nothing, and don't push your luck.
Comment:
The gap has the potential to hold, it may not be filled.
Anticipating collapsing all positions in the next hour.
Looking for long ideas
Anticipating collapsing all positions in the next hour.
Looking for long ideas
Comment:
collapsed most positions
Comment:
if short, secure and partial positions
Comment:
price dropped into the area of interest despite the uncertainity
Comment:
You might be tempted to go short after the breakout lower.
That's something I'd avoid doing unless you can take a micro-scalp in and out.
That's something I'd avoid doing unless you can take a micro-scalp in and out.
Trade closed manually:
Collapsed all positions
Comment:
Comment: Easy profit target achieved, if still in, remember to scale out.
I collapsed most positions before most targets were hit.
Approaching London open, as always, secure positions
I collapsed most positions before most targets were hit.
Approaching London open, as always, secure positions
Trade closed: target reached:
All profit targets achieved