15m slightly bullish

there was a bearish reaction off the 3.615 level. Lots of selling came in once that level was hit.

Let's hope the market gives me a 2nd chance to get out at that level.

If this trade were based on R:R ratio, I would not be long as the T1 is < the risk to put on this trade after the downside adjustment I made.

When i first put on the trade, I had the stop @ 16 ticks, then reassessed and moved the stop below the SL which would be 27 ticks. Not a good R:R ratio

15m neutral to slightly bullish

60m slightly bullish but bar not closed yet so anything can happen.

Top of the hour assessment

15m slightly bullish, came within 2 ticks of letting me out.

60m slightly bullish

240m neutral

Daily slightly bearish

15m neutral to slightly bearish. Potential swing high.

T1 filled on 3rd test of 3.615

I've started to chat, so the focus is off, not to mention I was in a trade for over 2 hours.

15m new swing low.

Top of the hour assessment

15m neutral to slightly bullish

60m neutral

240m neutral

Daily Moderately bearish

Pit closed

that 3.615 level should be interesting to see how it comes into play tomorrow as it was strong resistance all day today.

Overall today, having put the concepts into real time practice was a good learning experience.

It is a lot of work, IMO, but its work that needs to be done at my stage.

Updated swings and look how the market has reacted to the levels again!

Opening assessment

15m slightly bearish

60m slightly bearish

240m neutral to slightly bullish

Daily neutral to slightly bullish