King W. Harbmayg's Journal Entry #31
Lesser Position: 1:5 R
Scheme 1— Direction via 1D
a. current daily structure favors bulls,
b. prior day printed long candle,
c. and so my bias is long
Scheme 2— Structure via 15M
a. price is not in discount range,
b. demand zone is triggered
Scheme 3— Execution via 1M
a. market structure favors bias,
b. execute during entry window,
c. stop at the low of structure
Lesser Position: 1:5 R
Scheme 1— Direction via 1D
b. prior day printed long candle,
c. and so my bias is long
Scheme 2— Structure via 15M
b. demand zone is triggered
Scheme 3— Execution via 1M
b. execute during entry window,
c. stop at the low of structure
Comment:
This is my second and final trade for the day. The previous trade I exited prematurely, about halfway through the trade. This time I will allow price to decide.
Trade closed: stop reached:
Scheme 4— Evaluation
a. trade resulted in -1 unit
a. trade resulted in -1 unit