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Thursday, 11 June 2015

Failed setup as OHLC was more dominant

As the setup failed, my stop loss took control of things - stopping a much heavier bleed.
However, market then 'follow my direction' later...but dont count on it.

post trade- review


Right thing done:
NIHL identified succesfully this time

Repeat:
1) 3 workers -LazyBozz, PassingtheBuckManager and the actual worker :)
2) 1 Big and 1 small opponent
3) Hammer and nail
4) NIHL
5) Cross MA in min chart - no need to pullback confirmation
6) Pullback one AFTER Cross MA in min chart , esp wit NIHL
7) Volume peak
8) No MA for TICK, use parallel line only

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