Theres a few "brekers" the lowest being at 12528. The liquidity run gave the go to trade short. Target 1 would be the next nears low. If you want to hang on or take percentages of profits and aim for lower lows would be another strategy. I'm just giving something I see that should be an easY 20 point tick short.
Once it hits the order block there will be a bit of a struggle and I wonder if it will make it lower, but with the bearishness that NAS is having at the moment it will probably break through.
Once it hits the order block there will be a bit of a struggle and I wonder if it will make it lower, but with the bearishness that NAS is having at the moment it will probably break through.
Trade active:
Comment:
Small profit taken here
Trade active:
Another larger profit taken at the "Struggle"
40% of my lots left to distribute. and my S/L is at even
40% of my lots left to distribute. and my S/L is at even
Comment:
An interesting tough spot between this price action
Comment:
I can't spell Struggle
Comment:
Comment:
Trade closed: stop reached:
well 4.4 ticks on 10 % of my lots and 12.4 ticks on 50% of my lots isn't so bad. I was expecting to take another 30% off after around 18 ticks, but it never got there. So I took the remaining 40% of my lots off at about 4 ticks left before it shot up and took me out at even. So I still got my 20 ticks, just not exactly how I hoped. I'd still consider that a win.
Comment:
I still may sell. This looks like round number 2
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
