Went short this AM via mobile on the M15 chart. I saw that we went beyond the 1.618 of A (of the B triangle) and beyond the 0.8 retracement of A (of F). This was an IDEAL reversal zone for a flat, and we had already seen the sharp decline on M15.
M15 had a bear reversal, and H1 did also. I market sold via mobile. I let that ride for a few min and then market sold a second position slightly lower.
If we get a decent retracement, I will add to the short.
Currently risking 0.45%. Would like to work up to around 0.8 or so.
GET IT
M15 had a bear reversal, and H1 did also. I market sold via mobile. I let that ride for a few min and then market sold a second position slightly lower.
If we get a decent retracement, I will add to the short.
Currently risking 0.45%. Would like to work up to around 0.8 or so.
GET IT
Comment:
Added another 0.2% risk here. Entered using Stop limit order on M15 TR1B-L.
Trade closed: stop reached:
Damn. I was very confident in this count. (Maybe to my detriment). I was stopped out of all positions of this initial trade. I then (UGH) revenge traded into several more positions, losing 1%. I am flat for now until this pattern resolves and we can clearly see what the next trade is.
