Wed 2024 10 02 - Short -

Aggiornato
||| Stats |||

Stats Day:
** 08:00 H4 double color, - NO
** 09:30 VOLD ???, AD ???, Senti +3, Agio St ???, Lg ???, - Range
** 09:45 VOLD ???, AD ???, Senti -11, Agio St ???, Lg ???, - Range/Long/Short
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short

Stats Week:
** Fri US NFP 14:30: - pending,
** Mon Morning rule, - Fr turn, exp Tu We break flag upside,
** 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:
* 12pm,

Set-Up:
** Trigger for trade:
* Momentum Short,
* Senti +22,
* VOLD AD

** Mom Width:
* 6 candles - strong,

** Mom Type:
* 3rd directional - risk at last Mom turn,

Risk Reward:
** Risk:
* last Mom Turn,

** Target:
* R 1:1 as momentum at against trend
Trade attivo
* VOLD -15, AD -7,
Trade attivo
Trade is at high Risk.
Chart shows a H3 hammer with lower wick rejecting the 50% retracement mark and the 19k mark. R1:1 lies below that.
This behavior is in line now with the Monday Morning rule, by which it takes typically two days to break out of the weekend induced flag.
Thursday might use Weds as a jumping board back up.

Trade will not be cancelled before 9pm today as the setup is a setup.
If in loss at 9pm trade will be closed.
Trade chiuso manualmente
** Results:
* Trade was in loss by 9pm and was closed,

Analysis:
** Was trade executed correctly?:
* Trade wa executed correctly at third momentum,
* Trade was closed at 9pm due to
* - red status,
* - at considerable reversal signs,
* - 50% retrace last leg up
* - and H3 green hammer

** Improvements:
* The very strong VOLD -17 and AD -7 could encourage an ovn holding
* however would violate the 9pm red rule
Beyond Technical Analysis

Declinazione di responsabilità