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Couldn't sleep so I decided to check the markets and see what is happening. Took a trade:
Not the best entry. Should have been at the lower swing high. I went conservative because the volume seemed light and price was jumping around a bit.
Squeezed the stop too close and got taken out for a +105 trade. Naturally price then turned and went higher. Good result overall for an early morning trade:
Should have backed off on the stop. Didn't pay attention to it being right around previous days close. Decent trade overall.
Not going to complain. Finished out +105. Still having issues with following the system. Just something I have to work on to get better. 3 consecutive days profitable is nice.
I was thinking it may be the speed of the movement at lower tick charts that could be causing my hesitation. I have been studying the 1000 tick charts and may start to focus on just that chart.
Here is today's results:
Good thing I couldn't sleep last night otherwise today could have been a bust. LOL!
I wonder why, the Trump/Junker news should be looked at as good news.
Curious to see if we keep the sell off going tomorrow since it was unable to hold the highs up to close.
Might get a little ETH trading in tonight if this is whats in store.
I was sitting here when it happened and took a shot at 1 contract long after it settled for a minute... in at 7410 and jumped out for a measly $90 when it looked like it was getting weak again... then, of course, it popped up. I hate when I listen to the nonsense reasons my brain comes up with to execute trade situations.... stop was at BE and all I had to do was leave it alone for 3-4 times that at a minimum...or just trail my stop up if it kept going.
Was quite a move though... apparently Facebook still has some pull.