Wed 2024 10 09 - Long

Updated
||| Stats |||

Stats Day:
** 08:00 H4 double color, - NO
** 09:00 H3 Doji other side, - NO
** 09:30 VOLD ???, AD ???, Senti +38, Agio St ???, Lg ???, - Short
** 09:45 VOLD ???, AD ???, Senti +20, Agio St ???, Lg ???, - Short

Stats Week:
** Thu US CPI: 14:30,
** Mon Morning rule - pending,
** Tue return to W1 trend and not a W1 trend change - pending,

Stats Month:
** Oct turn,
** Mid Nov end,

Stats Year:
** US Election,

||| Trade Taken |||

Trade Taken:
** Time frame:
* H3

** Time:
* 03pm,

Set-Up:
** Trigger for trade:
* Momentum Long,
* Senti +20!,

** Mom Width:
* 4 candles - strong,
* 6 candles - strong,

** Mom Type:
* 2nd directional - risk at 1st or last Mom turn,

Risk Reward:
** Risk:
* Initial Turn,

** Target:
* R 1:1 as range increased possible, and against short indicators,
* VOLD AD unavailable today,
Trade closed manually
** Results:
* Trade was closed 9pm at +85% risk,

Analysis:
** Was trade executed correctly?:
* Yes,
* at 2nd directional momentum is the ambiguity of SL at last mom turn,
* That would have delivered R2 with increased chance of SL catch ad turn,

** Improvements:
* not identifiable,
Beyond Technical Analysis

Disclaimer