Bearish on NAS overall, had wanted price to trade deeper into the monthly FVG, but working under the impression that we have begun the leg down until something convinces me otherwise.
I like the daily rejection block as an area to begin to look for aggressive sells. Will be watching price as always for potential entries.
I like the daily rejection block as an area to begin to look for aggressive sells. Will be watching price as always for potential entries.
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I am still bearish, but the outlook appears not to have been very accurate. High impact news like CPI can always do whatever it wants to.
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looking for CE of monthly FVG per last weeks outlook
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short on NAS
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the reaction was favorable, price is now retracing pretty significantly, Stoploss is at break even in the event that it wishes to continue bullish.
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At the end of the day, while you may be right sometimes. The market will always do what it wants. Your goal is to do the best you can to participate on the right side, while minimizing your risk.
Once you have made the decisions that are in line with that, sit back and submit to the process, regardless of the outcome.
Once you have made the decisions that are in line with that, sit back and submit to the process, regardless of the outcome.
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still holding, giving it to the original SL
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added another position while price dropped, SL is as shown for both.
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did not hold, stopped out.
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taking a short here, risky as no BMS, but we are at the extreme end of a monthly FVG and im expecting a reaction.
Đóng lệnh: dừng lỗ:
Outlook was not accurate this week, the entire week was bullish expansion with little to no downside.
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long on NAS for afternoon session
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no funny business friday's. NFBF. lol SL to break even.
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Original position stopped out BE. im buying again beow the uch low which is a pretty similar entry.
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tough week at the office, we regroup and come back next week!
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Recap of this week's trading and how it diverged from my initial expectations
Let the algo show you its hand.