Hi, everybody!
As you already noticed i've strated to use another set of indicators for my trades.
Since i am new to this i am placing only small bets, that's why my postion-sizing is very careful.
* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: DOT_01_02052021
STATUS:: Opened
TYPE:: Short
PATTERN:: N/A
SIGNAL:: 3H Phoenix (Green crossed Red Rsi while it was going down)
FILTER:: 90M cross
VOLUME:: $1000
ENTRY:: 20.613
TP1:: 17.634
TP2:: 16.6XX
SL:: 22.086
R/R:: 2.66
RISK:: $75
REWARD:: $200
PROS::
1. 3H Green is lower than the energy, lower high is very possible.
2. 12H energy went down below the 50
CONS::
1. 90M green is higher than the energy
OVERALL::
* We need the green to fall below the energy on 90M
* We stand a chance to go down at least to 6H yellow basis if we see the Green going to cross Red Rsi on this 6H timeframe
* We need blue LSMA on 6H to fall down with the price to be more confident that price fill hit my targets
* Always keep in my that the price should not change drammatically during period of upward or downward pressure
As you already noticed i've strated to use another set of indicators for my trades.
Since i am new to this i am placing only small bets, that's why my postion-sizing is very careful.
* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: DOT_01_02052021
STATUS:: Opened
TYPE:: Short
PATTERN:: N/A
SIGNAL:: 3H Phoenix (Green crossed Red Rsi while it was going down)
FILTER:: 90M cross
VOLUME:: $1000
ENTRY:: 20.613
TP1:: 17.634
TP2:: 16.6XX
SL:: 22.086
R/R:: 2.66
RISK:: $75
REWARD:: $200
PROS::
1. 3H Green is lower than the energy, lower high is very possible.
2. 12H energy went down below the 50
CONS::
1. 90M green is higher than the energy
OVERALL::
* We need the green to fall below the energy on 90M
* We stand a chance to go down at least to 6H yellow basis if we see the Green going to cross Red Rsi on this 6H timeframe
* We need blue LSMA on 6H to fall down with the price to be more confident that price fill hit my targets
* Always keep in my that the price should not change drammatically during period of upward or downward pressure
