Long Position
Updated
King W. Harbmayg's Journal Entry #15
Day Position
Long—
according to my criteria, price has successfully:
a. triggered the lower coordinate
b. tapped into the demand zone
c. printed rejection structure
all for a trade of 1:5 RR.
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 5
Communication— 5
Day Position
Long—
according to my criteria, price has successfully:
a. triggered the lower coordinate
b. tapped into the demand zone
c. printed rejection structure
all for a trade of 1:5 RR.
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 5
Communication— 5
Note
3. Result:-500$
4. Improvement:
My soft entries must always begin at a single standard lot size and then the rest of the size can be entered into the collective position. This will maximize my risk management while gauging the market's ulterior intentions.
Trade closed: stop reached
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