Mon 2024 12 02 Short

Updated
||| Stats |||

Stats Day:
** 08:00 H4 double color, - Short
** 09:30 VOLD -1.2, AD -1.2, Senti +34, Agio St +0.04, Lg +0.04, - Short
** 09:45 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short

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

Stats Month:
** Christmas Rally - US election year, start Dec.

Stats Year:
** US Election,

||| Trade Taken |||

Trade Taken:
** Time frame:
* H4

** Time:
* 08am,

Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
* Senti +34,

Risk Reward:
** Risk:
* Initial Turn,

** Target:
* R 1:1 as trend is up
Trade closed: stop reached
** Results:
* Trade in SL on 9am candle,

Analysis:
** Was trade executed correctly?:
* Yes, risk was limited with awareness against trend,

** Improvements:
* Once a trade does not work one shall not jump into the next,
* On this occasion the H4 H3 momentum candle at 12 noon
* would have legitimated a reverse trade,
Beyond Technical Analysis

Disclaimer