Fri 2024 12 13 Long
||| Stats |||
Stats Week:
** Mid Month Turn,
** US CPI: 14:30, - as expected,
** Thu EU GC 14:15:, - reduced as expected,
** Mon Morning rule, - yes,
** Tue return to W1 trend and not a W1 trend change, - yes
Stats Month:
** Christmas Rally - start Mid Nov. - yes bottom
** Christmas Rally - US election year, start Dec. - yes
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H3
** Time:
* 03pm,
Set-Up:
** Trigger for trade:
* Momentum Long,
* Mon Morning rule,
* Tue return to W1 trend - UP,
* Senti, - P16,
** Mom Width:
* 6 candles - med/strong,
** Mom Type:
* 3rd directional - risk at last Mom turn,
Risk Reward:
** Risk:
* last Mom Turn,
** Target:
* R 1:1 as at ATH,
Stats Week:
** Mid Month Turn,
** US CPI: 14:30, - as expected,
** Thu EU GC 14:15:, - reduced as expected,
** Mon Morning rule, - yes,
** Tue return to W1 trend and not a W1 trend change, - yes
Stats Month:
** Christmas Rally - start Mid Nov. - yes bottom
** Christmas Rally - US election year, start Dec. - yes
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H3
** Time:
* 03pm,
Set-Up:
** Trigger for trade:
* Momentum Long,
* Mon Morning rule,
* Tue return to W1 trend - UP,
* Senti, - P16,
** Mom Width:
* 6 candles - med/strong,
** Mom Type:
* 3rd directional - risk at last Mom turn,
Risk Reward:
** Risk:
* last Mom Turn,
** Target:
* R 1:1 as at ATH,
Trade closed: stop reached
Trade closed in SL as Trend could not continue up.
In hindsight a great SL, which once more protected capital.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.