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Why is this a long? Should you be looking for shorts? I know I am looking at this afterwards, but the downward thrust bars might have suggested a strong down trend.
Great work on your journal and staying with your setup.
The trend was not that strong in oil when I took the trade. Ideally, taking a reversal in the direction of the price direction is easier emotionally. However, reversal bars can also reverse a trend. I have found that as long as the trend is not too strong, then reversal bars can be taken either way.
Very informative journal you have here.
The trade frequency and your discipline is commendable.
A 73+% win rate and a nearly 3 to 1 WL ratio is a very tradable and potentially very profitable methodology.
Now something for you to give some thought to.......
A good friend of mine who is a professional trader ask me this the other day and what I thought it could mean to my profit margin.
"When you took your last ten trades, how much did you risk per trade? Think about it seriously and then ask yourself "Why did I trade that particular amount"
This can relate directly to your profit factor and the edge you have trading the method you are using.