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We were trying to reject the O/N developing value.....
With the correct entry and stop managment with some patiance, this trade could still work
Looks to me like the buyers were drying up here....lets see if we can come back into value here and back into yesterdays range
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
the short was taken off the levels of the tpo.However, the slope of the eth sd1 is too much to ignore.In the future, i wont take a fade on top of a sloping vwap...the entry will have to be atleast 15 ticks away from the vwap...This will hopefully keep me out of trouble, and give ma a chance to have a beeter entry...Oh, dont look now, but it looks like i got stoppped out at the highs...thats reflects a bad entry
Shows you how important home work is and attention to detail
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
added zero line and wick for Max positive delta and Min negative delta attained in bar.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"