Type One! Long

USD/JPYOANDA

Description

⋅ Aug 24, 2023 2:46 PM

King W. Harbmayg's Journal Entry #32

Greater Position: 1:10 R

Scheme 1— Direction via 1D

a. current daily structure favors shorts,
b. prior day printed short candle,
c. and so my bias is short

Scheme 2— Structure via 15M

a. pump & dump setup,
b. market structure supports bias,
c. price pushes from supply zone

Scheme 3— Execution via 1M

a. price is at or near coordinate,
b. execute during entry window, (X)
c. stop loss at high of structure (X)

Comments

Harbmayg

⋅ Aug 24, 2023 2:50 PM

Correction: disregard the position stated, this is a short position and I just mistakenly selected the long position. I am away from the laptop terminal and thus cannot edit it.