13:56
M1 5min MAB | Sell
The set-up had already happened by the time I came back to the computer, so I did not have the chance to mark up and anticipate this trade. I hung on for a deeper retracement to at least the D1 EQZ level, which never came.
10:51
M1 failed 1min MAB | Buy | -1.00R
Impulsive bull move, retracement to GZ with 1min ema, and 5min ema not far below. Price looked to be coming up off a low, broken up through a previous short-term resistance.
In comparison to the last two trades, I feel like this one had a good set-up which warranted a trade.
08:53
M1 failed SUPCON | Buy | -1.02R
Monday Morning Mistakes #2
I’m embarrassed to post this, so soon after the last one.
Counter trend, not a great deal of supporting confluence, and exactly the same premise as my last trade which failed. A tight Stop Loss gave no room for the movement of price.
08:27
M1 failed SUPCON | Buy | -0.85R
Monday Morning Mistakes – Wake up Joel!
Weak SUPCON, below Lo-Hi GZ, did not get a good feeling before the trade, I should have taken my own advice which is to lay off the trades until I feel in tune with the market movement!
Hi Joel,
I’m not trading today as I’m debugging the Limit order updates…
A day for sell trades only so far….