Man oh man! we had the daily bias correct.. our entry was just a tad bit misinformed.. we had fundamentals today but the numbers proved to be on the bearish side for the DXY.
Our sell was warranted by the fact that we thought we were i a premium..
The price leg we were looking at give us that impression.. whereas the prev' price leg was what was actually informing the move.. Once price moved into a premium(denoted by when price went above the yellow dotted line) we saw a huge sell off.
We weren't really on our charts today as we could've seen the double top pattern forming.. but in retrospect we will do better. next time.
Our sell was warranted by the fact that we thought we were i a premium..
The price leg we were looking at give us that impression.. whereas the prev' price leg was what was actually informing the move.. Once price moved into a premium(denoted by when price went above the yellow dotted line) we saw a huge sell off.
We weren't really on our charts today as we could've seen the double top pattern forming.. but in retrospect we will do better. next time.
