After getting out of a short attempt price is setting up for a quick trade long. Orders set.
Comment:
Price moving up, but without a pullback for us. Will keep the order on for a few more minutes.
Trade active:
Tapped in.
Overall a good trade, but at the same time can easily drop as overall price is bearish. So keeping an eye out for early close.
Overall a good trade, but at the same time can easily drop as overall price is bearish. So keeping an eye out for early close.
Comment:
Not a good 4M close, let's wait for 15M to close.
Trade closed manually:
Out for -0.25.
Comment:
Once again, exitting early - Pays.
My edge comes from being Light, and not marrying a trade. The moment it doesn't look good - I exit it. Thus, even today, instead of -1 -1 for a total of -2. I get -0.38 and -0.25 for a total of -0.63.
Obviously sometimes I will be wrong and a -0.4 trade will turn around and make a +1. But that is OK with me, as strike rate is quite high.
My edge comes from being Light, and not marrying a trade. The moment it doesn't look good - I exit it. Thus, even today, instead of -1 -1 for a total of -2. I get -0.38 and -0.25 for a total of -0.63.
Obviously sometimes I will be wrong and a -0.4 trade will turn around and make a +1. But that is OK with me, as strike rate is quite high.
Comment:
Readjusted
Comment:
Broke low swing again. Readjusting.
Comment:
Oops last 3 updates were meant for a newer trade. This one is out for a loss.
Lightwork Trading