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12140 Consolidation breakout

Trade thesis
a) Consolidation breakout
b) Weekly breakout
c) Bullish kicker set up in daily time frame
d) Volume spurt
e) Long entry: Above 240 level, but any significant gap up or down invalidate the entry criteria.

Trading mindset requirements

The seven Nobel characteristics of winning mindset professionals are

1) winning is not a matter of chance, but a matter of choice.

2) Winners owns accountability and responsibility of their thoughts, actions and results.

3) Winners choose agile approach.
Every person who ever accomplished something that was thought to be impossible, simply performed a series of small tasks that were possible.

4) Winner always learns from the outcome of results either it is failure or success.

5) Willingness is more important then desire: Success ultimately experience the intensity of willingness to do take you success and willingness is always tested, challenged, distracted by nature to check the truthfulness of willingness.

6) Winners trend to break the records of their own standards and world standards (Like above 90% of traders are losers etc).

7) Winners always tend to choose Empowering beliefs and its never the too late to become transformed winning personality. If you don’t have
the foundation of empowering core beliefs, you are not going to move forward with empowering strategies and behaviors. The solution? Choose empowering beliefs!


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