Moving forward, posts will be use primarily for journalizing purposes. Feel free to share thoughts and opinions on my analysis.
Confluence:
- Fib .50
- Doji @ EMA Resistance
- MACD Divergence
- Trendlines / Horizontal Resistance
R/R : 1.5
Duration: 2d
Results: WIN
Comments:
Set TP just before prev low. Had potential for further run down but ehh, felt iffy. Got out just before pinbar on thursday. Friday close drove price back down but it could've easily went against me if I were to move SL near break-even. This was an OK trade... feel free to share your thoughts?
Happy Trading
--
Cheer,
Sang
Confluence:
- Fib .50
- Doji @ EMA Resistance
- MACD Divergence
- Trendlines / Horizontal Resistance
R/R : 1.5
Duration: 2d
Results: WIN
Comments:
Set TP just before prev low. Had potential for further run down but ehh, felt iffy. Got out just before pinbar on thursday. Friday close drove price back down but it could've easily went against me if I were to move SL near break-even. This was an OK trade... feel free to share your thoughts?
Happy Trading
--
Cheer,
Sang