Took this trade this morning. I wasnt very confident in it, especially since I suspected GJ was a long (and the usually move in the same direction). I ended up losing. A great place to re-enter would have been the rejection from the zone but was skeptical/nervous so stayed away from re-entering
I considered taking this trade but ulitamtely decided against it because I was nervous about over leveraging my account. My 1st trade would have been an unsuccessful trade but the second would have worked perfectly.
First entry was premature. But I was looking for a clean break above the 1HR zone. I saw that price came back and retested a TL break so I took a chance and entered based on the momentum of the break of the TL on the 5min.
Trade taken from the 1hr tf Noticed price retesting a precious resistance and then rejecting with a good amount of momentum. Ny entry was late so I decided to keep the tp short. Tp was based on previous support
Ny session trade based off of the 1hr tl and a trend line break Tp at previous support. Very short term trade
This trade was taken from the 1 hr zone (based on supply and demand) but executed on the 5 min TF.
I was hesitant to take this trade because I was already in a corresponding trade. Entering the trade doubled my risk but once it gained momentum, I was fairly confident it would continue in an upward direction.
This trade took almost two days to gain momentum in the right direction. I could have taken this trade from the initial 4H zone, but didnt want to risk price retesting the wick highs to then only reverse. As usual, I waited for a 5 min close above the zone before entering. I slightly better entry would have been to wait for the 5 min retest, but I opted against...
While trying to catch this continuation trade, I got knocked out multiple times which I found to be really annoying. Took the trade during Asian session into early London. After being knocked out, I decided to try again in NY. As you can see, I missed the move. My 1st TP would have already hit so now is a waiting game for another opportunity
I took this trade cautiously because ultimately, it is going against the trend. I waited for a 5min break of a 1 HR resistance before entering. My TP was ultimately for price to make it to the 1HR broken support. I would have taken the trade from zone to zone, but it is Monday (market tends to be slower) and PA is going against the trend. I thought it was better...
Took this trade based on a (5min) break of a 4HR zone. Momentum is bearish so I prioritized a bearish trade instead of a bullish trade. TP1 was based on a 4HR/1HR wick/zone. I also stacked the trade once I saw a pull back and break of newly created support. So I entered the trade twice. It took 24 hours for the trade to complete.
!st TP hit and then got knocked out at BE. This trade is an extension of the trade I took previously but lost. Trade was taken from a 4HR resistance but executed on the 5 min
Attempted to take this trade twice based on a 4hr/daily zone. The first trade hit my SL almost immediately. When it crossed the zone again, I doubled up and thought I would catch the bearish momentum. Instead, I was wicked out. I am going to wait for a 15 min closure below the new low or a break above the 1hr high before considering re-entering this trade.
Took the 1st trade based off of a 1HR resistance (low lot). I initially thought price would come back and retest the 4HR low. If price breaks the first 4hr zone (which it did) then I would consider that sufficient momentum and continue to ride PA to the next 4HR zone.
Although weekly and daily structure is bearish. the 4HR structure is Bullish. This was a clean Break and retest of the daily zone. Looking for follow though. If price fails to follow through, I will close manually and either wait for another entry or change my bias to go with the 4HR marketflow (bullish). I did notice a HS formation on the 30 MIn TF which made me...
Possible short on EJ. It has retested the zone a couple times and has broken and retested the current zone. While it has broken past the current 15 min support, it has failed to stay below it. If price breaks above the current resistance, and stays above, I will be looking for an exit and Re-evaluate. Ultimately, if it breaks above the zone, it is a definite...
Took a long on GU because of a fairly clean break and retest of the 4hr zone. I do see a head and shoulders forming so I don’t expect this to be a long term trade. Possible retest of the right shoulder. Playing this one close to the vest. After first TP, I will partial out and let it run. If price breaks, closes, and stays below the zone, I will be looking to...
This 4hr structure recently switched to bullish but the daily structure is still bearish. This leaves me hesitant to take the trade long term but since market flow is bullish, I will take this possible long to the next zone. Looking to follow through as confirmation. Price must stay above zone to remain valid