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This could not be simpler than this....i didnt wanted to scalp short....but it was naturally popped on.
It is "be the first" situation....not "let the market show me"....
Harvest The Moon Nest The Market
Can you help answer these questions from other members on NexusFi?
How you could survive in Rectangle - Just close your eyes , hold your breath and let pass the Roller Coaster
They are made to filter - but their appearance is itself mark of unfolding
I have almost everytime asked myself this - do i need to focus on scalp setup and trades ?
when i patiently watch and wait for my chance , these pop ups naturally , they try to distract me to act like "to be the first" rather than "laggard trend follower". I could feel the response without flow chart, they had natural location of Balance low. From fader point of view this is the location to act and jump, they would be absolutely right in their assessment and result , but now these things truly make me feel that everything is non-repeating random, there is no twin of situations but still we know almost all human have common shape and body parts.
This week was rather easy to operate. It had a choice of taking Long entry where 3 out of 4 conditions were in favor ( 1 last condition was of opposing MA placement ) of long. That long had added advantage of location that was prior balance low. On weekly basis i had to take initiative on Monday or on subsequent day as long as extension from weekly dwap are in statistical limit. A better 4/4 Short entry came on tuesday. Yday was a decisive situation for whether to hold or quit taking profit as extension were on limit.
Callling off this week today at this time.
Only two trades opportunities. Lost in long.
Exiting Short, as being Thursday and extension from dwap for this day are in statistical limit, once again.
Overall a gain week.
Closing this week with another good positive addition
It was jerky on first trade but no problem, it made me accustomed of taking that much risk.
Yday being Thursday , i consider this as late day to enter from weekly perspective but at the same time it had not extension too much from dwap, that had some potential to expand, so picked that 4/4 Long. surprisingly i took delayed entry. Yday being expiry, so this entry was taken on july contract, (chart shows june prices on thursday and july prices today ) and was actually above 8 points , @ 5653.
There are no Short Entry in this whole week ( yet to complete )
Coming as a looser week, but i honestly followed plan even discretionary i could avoid short or might have exited early . Its Thursday , cant say if any more entries will pop-up, may be in 2nd half today.