First entry was a classic butterfly entry and that was a no brainer, but the second one is that trade where you look stupid when your stop is hit!
D point was a normal entry after the doji candle, price rallied and an opportunity to scalp the lower time frames paid dividends. The second entry was a retest of the fib level 0.618 and the twizzers played to my bias and put my second entry with a tight stop. When i am wrong l exit the trade immediately. l was a bit overweight on Soya because it was one of my high probability trades this week.
Dont worry too much about your hit rate just make your winners count
This is my trade of the week. Always trade what you see and practise good risk management
D point was a normal entry after the doji candle, price rallied and an opportunity to scalp the lower time frames paid dividends. The second entry was a retest of the fib level 0.618 and the twizzers played to my bias and put my second entry with a tight stop. When i am wrong l exit the trade immediately. l was a bit overweight on Soya because it was one of my high probability trades this week.
Dont worry too much about your hit rate just make your winners count
This is my trade of the week. Always trade what you see and practise good risk management
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.