$SLX

SLX back above the Macro Mid range, also back holding the local range low.

Looking for a quick scalp to local range high "target1"

If we break above and hold il start looking for longs to target 2 macro range high

Wrong below 2.76

Trade closed: stop reached:

wrong wrong wrong :)

couldn't hold rage low...

FED rate hikes not helping the situation.

Lesson: don't take trades coming into FED meeting.. wait until after the fact. then short the living sheeeite out of these stocks

Comment:

Turns out the idea was good but the patience was bad. Its reclaimed local-RL now and looks good.

Lesson. Stops below local swing fail and have more patience..

Trade closed: target reached:

Actually played out in the end...

Ah well...

Maybe patience is a lesson here.. Hmmm.. will havce to review.