I saw this coming 10 minutes before it happened, and still didn't enter because I have no idea how to enter on break when level is constantly violated. Should I enter on the other side of the foot? (bottom of the pressure channel?)…
In this strategy trader selects instruments that have dumped on pre-market and at open.…
Even on a shitty day like today the opportunities were there for the taking. I spent the morning trying to trade AAPL, while I should have spent it looking more broadly.…
* Is trade setup textbook perfect? * Strong level * Correct Level (deepest of the day) * Correct price action approach * Good Upside / Space to go? (3x+) * Is today not CPI/FED etc? (if it is be extra cautious!) * Are you entering under FOMO? * Are you trying to "win back"? * Did you…
Just a note: FB on ILP may play out past level. So its wise to get used to this... and maybe risking whole R is necessary in these situations. I keep moving stop into lossless and getting taken out (without loss but without profit too). Another example:…