TRADE UPDATE
I will close out the trade at the close of the 4hr bar 4:00 am est. I have switched my target to 3565 that is 3 bar resistance. The 4hr blew through the pivot right up to 3 bar at 3563 2 pips away from 3 bar. There has been no pullback to test the pivot so if we don't hit 3365 by the close of this bar I will take profits wherever we are.
The 30 minute and the 1hr are showing volume weakness to match 3 bar resistance. I will look to reenter on a pullback at 8:00 am est at the open of that 4hr bar depending upon what the pivot phase looks like. If I miss the further move so be it. I've made a profit on the trade. Speed and greed
kills.
All based on what I teach in "THE LAWS OF CHARTS AND MEN"
JERRY
The 30 minute and the 1hr are showing volume weakness to match 3 bar resistance. I will look to reenter on a pullback at 8:00 am est at the open of that 4hr bar depending upon what the pivot phase looks like. If I miss the further move so be it. I've made a profit on the trade. Speed and greed
kills.
All based on what I teach in "THE LAWS OF CHARTS AND MEN"
JERRY
No comments:
Post a Comment