Fake out - Buy SPX500
price tried to BO the range to the down side but next candle closed back in the range. I anticipate at least price to fill the wick. I entered late
@4070.1 SL 4047.6 TP partials at wick +
@4070.1 SL 4047.6 TP partials at wick +
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Took 1/4 partials and move to BENote
Out at BE.Im typically a scalper because my psychology is difficult to keep trades open too long. Sometimes Im able to Hold. My testing show that if I hold without moving to BE I can net a bigger profit. So I hope you guys have strong mental game. Im working on mine.
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Example of a Fake OutNote
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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.