Nice trend move down with lots of pullbacks to sell. It was a matter of doing what my TP specified. And Flo did just that. As you can see, the last trade in the sequence is a loser. I was pushing the sequence to the end - managing exits manually - and the last trade is usually a loser. If it looks like the trend is not so strong - order flow - then I usually trade only 3 trades in a sequence, but the Euro usually gives more. The problem is that if I stop after 3 and miss a trade after that, then I cannot re-enter the same sequence as I perceive a higher risk.
What did your S&P chart look like today? Any trades there?
ReplyDeletehello EL , was wondering would you have taken the long trades at 9:45 10:03 11:00 11:33 EST, the CCI was in the red but we could have leaned against yesterday VAL, are those trades qualify as outside in
ReplyDeletethanks