MQP IRL CONTINUOUS DEMO 12C - 2 DAYS LEFT FOR PERFECT ENTRY
HEADER - First, you won't be able to see this on IRL until late February because of its limited settings. Second, go long NOW. Trades like this don't come around often.
SUMMARY - This drawdown under 1790, post FOMC is a bit surprising, but not entirely unexpected. It doesn't have to spike up until 02/02, but it can. So the entry is not going to get much better. You can't get better R/R for a 100-day trade.
DETAILS - If you got a second, replay the demos from 1-12 one at a time. We are just getting a deeper swing down bc of the higher swing up prior FOMC. I started buying in 1835 last week and bc of muliple entries strategy, I have 40% left to commit on Monday when I will be all-in on this trade, financially, spiritually, professionally, etc.... I spent six years to wait for the perfect moment to bet the farm on this and that's what I am doing. I just wanted to post this so you know where I stand. If you need a stop for this trade, it would be 1750 for more than 4 hours. That's all I have to say.
SUMMARY - This drawdown under 1790, post FOMC is a bit surprising, but not entirely unexpected. It doesn't have to spike up until 02/02, but it can. So the entry is not going to get much better. You can't get better R/R for a 100-day trade.
DETAILS - If you got a second, replay the demos from 1-12 one at a time. We are just getting a deeper swing down bc of the higher swing up prior FOMC. I started buying in 1835 last week and bc of muliple entries strategy, I have 40% left to commit on Monday when I will be all-in on this trade, financially, spiritually, professionally, etc.... I spent six years to wait for the perfect moment to bet the farm on this and that's what I am doing. I just wanted to post this so you know where I stand. If you need a stop for this trade, it would be 1750 for more than 4 hours. That's all I have to say.
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BTW - Good luck with this one. If my effort last 6 years have any relevance, it would be for this situation.
