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I was kicked out of this trade (no losses for me since i placed my stop at BE). I don't feel so good about this trade any more but let's see how it develops over the coming couple of hours
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Note: THIS WAS A COUNTER TREND ENTRY
This trade was a counter trend trade. Nothing about it in my educational material.
The objective of my counter trend strategy is to enter early with negligible risk (which was achieved here). The key is NEGLIGIBLE RISK.
Later, I might do some slides about counter trend entries and their levels, targets and management
Just thought I'd let you know
This trade was a counter trend trade. Nothing about it in my educational material.
The objective of my counter trend strategy is to enter early with negligible risk (which was achieved here). The key is NEGLIGIBLE RISK.
Later, I might do some slides about counter trend entries and their levels, targets and management
Just thought I'd let you know
I want to keep risk at a minimum until we switch to bearish