After a pretty bad day yesterday. Emotional trades after being stopped out at breakeven on a trade before it shot up in my direction and closing lucky closing the day at breakeven after overtrading, I come back to the charts looking to execute my plan.
I took this sell on GJ based on the strong downward momentum followed by a pullback which created minor resistance. Entry was on the break of previous candle lows as explained in the video.
Trade played out perfectly. Left some profits on the table due to prematurely trailing stops on the 5min timeframe. But traded my plan perfectly.
I took this sell on GJ based on the strong downward momentum followed by a pullback which created minor resistance. Entry was on the break of previous candle lows as explained in the video.
Trade played out perfectly. Left some profits on the table due to prematurely trailing stops on the 5min timeframe. But traded my plan perfectly.