Looking to long
GOOG
Will need to watch this but we have a strong show of a major weakness now at 117.56. It will likely be tested very shortly as indicators are showing red, red and red!
As we move upwards, GOOG will likely retest 113 region to check for support, in this bid, my long will likely be placed at 113.53. Not to mention, by pulling over a Fib, it sits nicely at 0.618 level. Giving us a key shot.
From 113 I expect a gradual upswing into 130 region revisiting 131 support. (Noting key areas to drop off profits at)
In the past few trades, I have expressed dissatisfaction with missing trades due to entries not being hit. In my bid to become a stronger trader, I've reflected that this mindset is 100% incorrect. As I have checked over for possible entries, at the time of each Idea, I had taken the limit entry I had felt best and, since I have not lost money on these entries, these are not issues that should totally derail the system. Nonetheless, theres always more to learn and, I am always open to listening or hearing opinions on entries from anyone!
Wishing everyone the best!
GOOG
Will need to watch this but we have a strong show of a major weakness now at 117.56. It will likely be tested very shortly as indicators are showing red, red and red!
As we move upwards, GOOG will likely retest 113 region to check for support, in this bid, my long will likely be placed at 113.53. Not to mention, by pulling over a Fib, it sits nicely at 0.618 level. Giving us a key shot.
From 113 I expect a gradual upswing into 130 region revisiting 131 support. (Noting key areas to drop off profits at)
In the past few trades, I have expressed dissatisfaction with missing trades due to entries not being hit. In my bid to become a stronger trader, I've reflected that this mindset is 100% incorrect. As I have checked over for possible entries, at the time of each Idea, I had taken the limit entry I had felt best and, since I have not lost money on these entries, these are not issues that should totally derail the system. Nonetheless, theres always more to learn and, I am always open to listening or hearing opinions on entries from anyone!
Wishing everyone the best!
Comment:
Realised that my SL from the chart is completely nuts, will update on closer entries as we approach.