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G-CAP

US100Had to zoom out for it to make sense, look at the white lines. Volatility filtering down and creating enough demand for the supply which is coming. I had an interest in US30 and US100 earlier, but I'm glad I got busy with my day job (keeping me away from the charts). I did give a warning about this happening, this is like symptoms of a serious illness about to show itself. So from tomorrow believe everything will not be the easiest to read or to forecast, SO PLAN YOUR TRADES AND TRADE YOUR PLAN. Plan Constituent : Risk to reward, Pairs traded, patterns used/ indicators used, exit and entry points, active times, psychology, actions followed for trades once a exit has been hit, what the goal is and your signature at the end (mentally it's a binding contract between you and the management version of you)
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by Mhangwane1
US30Volatility filtering down and creating enough demand for the supply which is coming. I had an interest in US30 and US100 earlier, but I'm glad I got busy with my day job (keeping me away from the charts). I did give a warning about this happening, this is like symptoms of a serious illness about to show itself. So from tomorrow believe everything will not be the easiest to read or to forecast, SO PLAN YOUR TRADES AND TRADE YOUR PLAN. Plan Constituent : Risk to reward, Pairs traded, patterns used/ indicators used, exit and entry points, active times, psychology, actions followed for trades once a exit has been hit, what the goal is and your signature at the end (mentally it's a binding contract between you and the management version of you)
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by Mhangwane1
US100For the method and strategy I used, this was a long trade but still easily manageable and highly profitable. With how this played out, we got to see that US30, US500 & US100 are not the same but have few similar characteristics. They all volatile, influenced heavily by fundamentals and easily misunderstood. My hate of overnight trades wants me to close, but rather I am letting my trade hit one of my exit points. SL has been moved into profit with more than enough breathing room. Tomorrow we try again.
UShort
by Mhangwane1
UJ⚠️⚠️⚠️⚠️⚠️THESE WERE SET UP ALREADY BUT STILL NOT THE BEST OF IDEAS⚠️⚠️⚠️⚠️⚠️ Being that I am not mentally 100%, I do not recommend following. Due to the risk involved, rather than having 3-5 confluences there were only 2. Which is against my trading plan, so whatever happens I cannot be surprised. It is a teaching moment, I believe the market will breakout heavily but also my patience lacks (ANOTHER REASON NOT TO TAKE TRADES). Which is reason to close my laptop but this is where I find my sanity, so I'll wait for exit points to get hit. Then I'll open charts on Sunday again.
by Mhangwane1
US100⚠️⚠️⚠️⚠️DON'T FOLLOW THIS, JUST WATCH⚠️⚠️⚠️⚠️ Analysis and Forecasting like this is for teaching, because the direction the market goes will show us the possibility and the probability. The reason we stay sharpening our skill (Like a Katana) is so that we strike less times but each strike is as efficient as possible. My head space also isn't the greatest, I've actually taken a lot of losses. So I am actually staying out of the market and going through my mistakes and getting my Psychology Right.
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by Mhangwane1
US30Iplaced this early thinking I am using the new strategy but only as it ran did I see that I am using my default strategy. It is clearly engrained deep in my heart and head😂😂😂😂😂🤣🤣🤣🤣. Those that are going to watch and follow, It's Friday CLOSE YOUR LAPTOP AND ENJOY THE WEEKEND. DON'T HAVE WEEKEND TRADES. This week we should be up over 2% of our Monday Acc. ⚠️⚠️⚠️⚠️I went in without a SL⚠️⚠️⚠️⚠️ I've moved SL into Profit on US30 and to BE on US100.
UShort
by Mhangwane1