I recognized that price was set for lower demand levels and after waiting for the liquidation event, I got in with much smaller size than previous as I have already achieved today’s fulfillment.
Comment:
The term fulfillment refers to the desired profit that I wish to achieve before being satisfied. I have both diurnal and weekly fulfillments, the weekly fulfillment being five times that of my diurnal fulfillment.
Trade active:
My original TP was rather ambitious; I have adjusted it to the 1.085 level.
I have already taken partials with the remainder now running. I will terminate the trade by 12pm at the latest, seeing as I it is Friday and I wish not for this Day trade to be treated as a swing.
I have already taken partials with the remainder now running. I will terminate the trade by 12pm at the latest, seeing as I it is Friday and I wish not for this Day trade to be treated as a swing.
Trade closed: target reached:
Price has hit my adjusted TP level. I would like to believe this second attempt was well worth the pursuit.