Quick movement in the market lower extened what I initially targeted. Currently at the daily pivot which is also the .382 of the initial run up and around the .618 of the current swing low to high. Long rejection candles.
Better entry. Better risk reward. Should have been patient. UPDATE: Huge spike stopped me out quick.
Got in about 5-10 pips too early I believe but looking for the bounce back down from the .618 - .764 zone on the 15min down to the .236 zone. UPDATE: Got in way too early. Was not patient.
Looking for trend to bounce down after peaking above the monthly pivot and 200ma on the 4h chart down to the .618 mark.
Looking for some continued downside after closing in on the .236 mark.
Looking for a short-term downside overnight at the intermediate 4h resistance zone (yellow box). SL to breakeven half-way to target. UPDATE: Sorry for not adding the other chart timeframes. Unfortunately cannot redo :( UPDATE 2: What a tricky play, was fractions for pips from SL then fraction of pips from target...but ended up breaking even. :(
Looking for some trend continuation after breaking triangle.
Speculative price action move. Looking at a continued breakout on the long side. SL at 1 unit in profit as usual.
Looking at an hourly resistance zone (blue rectangle) that might hold up. End of resistance zone is the 1.618 extension.
Speculation. Looking for some bounce action at the 0.764/1.272.
Looking at the .618/.236 bounce lower with decent US data. UPDATE: Got wrecked real quick. Just not my week while I'm sick.
Risky Speculation. A couple of bounces off the 15 min 200ma which equals the 50 ma on the hourly. Hoping PA respects it but probably wont for much longer. UPDATE: SL to break even. UPDATE 2: Not sure why this one is not showing the win but it's registered before the fast forward...but whatever...a win is a win.
A bit of a redo of last price action. Stop set too tight and like the .618 fib much better. Lesson here, patience. UPDATE: Looks like a break even...crappy trading day.
Sniper short scalp speculation at the .5 fib resistance. As usual SL to breakeven if 1 unit of profit is hit. UPDATE: Quick loss. In a bit of a slump.
Speculation play. No real logic beyond higher lows. This one is a special play for me. If this gets to 1 unit profit, I'll set SL to break even and let this one ride for the long haul.
Resistance and the 2.272 fib extension along with the long term .764 from the first run around the same area. Looking for a small pullback.
Speculation play. Playing the small bounce off previous support, 1.272 extension & new daily S1. SL to break-even half way to target.
Basically a re-entry for the linked trade that broke even. Shorter stop, shorter profit target, better risk/reward gap. UPDATE: Great re-entry for a higher reward. Super quick win!