King W. Harbmayg's Journal Entry #1
Interday
Review: The direction came after a short which failed to break the previous low. It is also in alignment with my weekly buyside bias. Morning star is currently printing, which I ideally I should wait for the closing of the candle, and I decided to get in a bit early before the 5pm EST market close. I took it prematurely because of the information gleaned from the lower timeframes and that the 1H patterns are fairly reliable.
Interday
Review: The direction came after a short which failed to break the previous low. It is also in alignment with my weekly buyside bias. Morning star is currently printing, which I ideally I should wait for the closing of the candle, and I decided to get in a bit early before the 5pm EST market close. I took it prematurely because of the information gleaned from the lower timeframes and that the 1H patterns are fairly reliable.
Trade closed: stop reached:
Unfortunately, stop loss was triggered just before the profit target.
I will learn from this.
I will learn from this.