GJThe market is playing out close to how we said it would. I'm watching and waiting for the market to break impulsively and retest before entering.
Zatrader
GJWhat I am potentially seeing, what could happen. Markets are still confusing me in England so I prefer certainty. Friday, I took many trades but they were short trades and didn't last too long. I'll try put the picture up.
US30My gut was right I want to believe that but my forecast and analysis were right🤣🤣🤣🤣🤣. My gut just wants to take the credit, the slow movements, the structure and just everything else. Good thing we manually closed all trades.
GJHonestly confused, especially with the England climate so I've closed all trades and decided to take a backseat.
US30Manually closed as this is going to be interesting but I'm watching for the close of the next two candles to determine what my next move should be.
UJSL moved into TP because we are not mountains so we don't have to force to be moved we can actually move. Plus the momentum is changing and giving us new structure so rather than be stupid we protect our funds.
US30If you didn't close or move SL into TP your morning is a cup of tears. Manually close, we are seeing a reversal possibility
US30I honestly thought this would trigger tomorrow but bottoms up right. Either way move SL into profit if you are going to sleep or close with your current profit. Riders and chancers will let it either hit SL or TP, (NOT RECOMMENDED, THAT THING ABOUT TIME AND BROKERS)
UJWatch it as there is potential for an explosive candle which will either be bearish or bullish which will wipe out some orders. This will be to direct the momentum that the market wants to go.
US100On my trade TP hit, here we are just a few points away. So different brokers obviously offer different spreads and this will affect your trades, so take that into consideration with brokers.
US100Here my analysis hit SL, but my actual trade hasn't hit SL so now we in Profit and we move SL into profit.
GJNot a good week, I think this weekend is meant for a regroup and refinement. Need to leave the markets for a bit and reconfigure my thinking.
GJIt had a double bottom, previously tested level that wasn't broken, engulfing bullish candles, long term bullish structure and it is one of the patterns I trade. Earlier I couldn't explain but this is why I had placed my Longs here and SL just under previous lows. Those that are busy move your SL to just into profit or BE, the market is not your fathers house remember that when trading.
GJNot too much to explain but those that see, do. Those that don't I'll come back to explain, kind of caught up with some other things.
US100I had FOMO from not entering the market this week, this was practice analysis. Didn't take the trade but just monitored. Missed the TP by a few points, but that further suggests that our trading edge is sharp but could (and will be) a lot sharper.
US100I saw this possibility on Monday. Told myself that I would place a sell stop but I didn't get to it.
BRENT CRUDE OILOnly have this because we recently had a petrol price (gas/ fuel price) in South Africa. This usually happens before the price rises again, when we get cheaper prices it's the scraps of the current production. That's why our prices are never inline with the world average.
US30Same as US100, I went in without a SL. My forecast and market structure all had a hand to add in my belief of direction. Yet it was risky, it did pay off and my TP was hit, think due to spread offered by my broker. Tomorrow is another striking day, so let's prepare and put on our belief and education.
BTCUSDIt was a good in and out analysis, but because I didn't anticipate it to enter so early I got stopped out. But it was a good lesson, in that check the time frame you are forecasting in so you know how often you should check if orders have been triggered and when they are just how much managing needs to be done. (excuse the bad English composition)
US100I really was too early yesterday but this time our risk paid off. With the possibility of a possible stop hunt, I went in with no SL but had a TP which was inline with my trading plan.
GJYou should not be waking up with a smile but with a clap for the hardwork and skill that you have built thus far. On to the next, bigger and better.
