Coming in late at market 1H TT3 w momentum 1.5R
first RH post 123 bottom and breakout of trendline
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dont like the look of the breakout
realised that the volume was low relative volume on daily bars
now in congestion
short term trend appears to be down - no momentum
cut loss at 1/3R
realised that the volume was low relative volume on daily bars
now in congestion
short term trend appears to be down - no momentum
cut loss at 1/3R
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moved stop loss below current price leaving room for gap up and TTE profit
capped loss to $29.28
capped loss to $29.28
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1R loss hit
next time stick to system, congestion, cut losses, get out
want to see it move immediately
also will stick to rule where i do not enter late
if coming in late, make sure TTE needs to be hit again
next time stick to system, congestion, cut losses, get out
want to see it move immediately
also will stick to rule where i do not enter late
if coming in late, make sure TTE needs to be hit again