Trade Plan For 30th June, 2022
We had a weird day yesterday. it was a “no trade” day. market wasn't even in a range market; it was a choppy one. one that could cause a drastic occurence on one's account, if they didn't stay away. anyway, the choppiness is between (11725) 11700-11575 (11535). the breakouts turned into fakeouts once there's a second candle. hence, the safety of not trading the first candle break.
I'lll be waiting for my breaks as usual. this lady is still in a downtrend. so i'll be looking for shorts (a second candle break past 11535 and 41 points..) till there's a reason not to (she breaks past 11725 and starts creating Hls).
A Daily Reminder:
after 12:30pm gmt shutdown (no trades again for that day). avoid imbalances (weird structures), never trade the first candle breakouts always wait for the second..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points.
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
We had a weird day yesterday. it was a “no trade” day. market wasn't even in a range market; it was a choppy one. one that could cause a drastic occurence on one's account, if they didn't stay away. anyway, the choppiness is between (11725) 11700-11575 (11535). the breakouts turned into fakeouts once there's a second candle. hence, the safety of not trading the first candle break.
I'lll be waiting for my breaks as usual. this lady is still in a downtrend. so i'll be looking for shorts (a second candle break past 11535 and 41 points..) till there's a reason not to (she breaks past 11725 and starts creating Hls).
A Daily Reminder:
after 12:30pm gmt shutdown (no trades again for that day). avoid imbalances (weird structures), never trade the first candle breakouts always wait for the second..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points.
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Note
Day 22 chart study..
Note
next up!
Note
no trigger. bulls took a turn..Note
possible sell plan for day 22 (final day for June). the bears left a ll (lower-low) behind and a break past it will give us a continuation, however, that can only happen if the lh (lower-high) remains intact. goodluck.. #daily41Trade active
Note
new candle popped..
Note
[update]
Trade closed manually
Higher-lows formed and bulls walked in.. If you moved Sls to entries as directed or closed. then you made a smart choice. See y'all in July..
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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.
Related publications
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.