Hi bro, just curious, there was an indication of a failure swing at 294 and macd divergence plus 2nd rsi downward swing confimation call at about 293.6. U missed a e trade at 293 right? (sry u din supp grids, hard to guage) Why din u decide to get in when both indicators we already calling for a short at that point? I might be an impulsive trader, thats why i would like to hear your point of view. Thanks.
Hi bro, just curious, there was an indication of a failure swing at 294 and macd divergence plus 2nd rsi downward swing confimation call at about 293.6. U missed a e trade at 293 right? (sry u din supp grids, hard to guage) Why din u decide to get in when both indicators we already calling for a short at that point? I might be an impulsive trader, thats why i would like to hear your point of view. Thanks.
Hi Jest,
You are right ,there was a failure swing. It was a setup for short position. However, it only met my entry rule around 1130am, 293.6. That was the first entry I missed as I was away from my screen. Second entry, which I managed to get in was around 292.3.
Basically, the way I trade consists of two part
Setup: decision for direction of trade
Entry: Price action rules to establised a position.
I will be writing about setup and entry later of the day.
Hi Jest,
You are right ,there was a failure swing. It was a setup for short position. However, it only met my entry rule around 1130am, 293.6. That was the first entry I missed as I was away from my screen. Second entry, which I managed to get in was around 292.3.
Basically, the way I trade consists of two part
Setup: decision for direction of trade
Entry: Price action rules to establised a position.
I will be writing about setup and entry later of the day.
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Good stuff!
Good stuff!
Hi bro, just curious, there was an indication of a failure swing at 294 and macd divergence plus 2nd rsi downward swing confimation call at about 293.6. U missed a e trade at 293 right? (sry u din supp grids, hard to guage) Why din u decide to get in when both indicators we already calling for a short at that point? I might be an impulsive trader, thats why i would like to hear your point of view. Thanks.
Hi bro, just curious, there was an indication of a failure swing at 294 and macd divergence plus 2nd rsi downward swing confimation call at about 293.6. U missed a e trade at 293 right? (sry u din supp grids, hard to guage) Why din u decide to get in when both indicators we already calling for a short at that point? I might be an impulsive trader, thats why i would like to hear your point of view. Thanks.
Hi Jest,
You are right ,there was a failure swing. It was a setup for short position. However, it only met my entry rule around 1130am, 293.6. That was the first entry I missed as I was away from my screen. Second entry, which I managed to get in was around 292.3.
Basically, the way I trade consists of two part
Setup: decision for direction of trade
Entry: Price action rules to establised a position.
I will be writing about setup and entry later of the day.
Hi Jest,
You are right ,there was a failure swing. It was a setup for short position. However, it only met my entry rule around 1130am, 293.6. That was the first entry I missed as I was away from my screen. Second entry, which I managed to get in was around 292.3.
Basically, the way I trade consists of two part
Setup: decision for direction of trade
Entry: Price action rules to establised a position.
I will be writing about setup and entry later of the day.