Thursday 26 February 2015

No Trades Again, Poor Prep

intro: Another very sideways day until the initial jobless claims and bammm!

thoughts: Nothing setup for me today I thought. but on recapping my day this evening I realized I miss labeled a supply level on the EU which meant I missed a great trade! The fault came from labeling the absolute high of a pivot high rather than the where the originating point of where the downward momentum kicked in...

summary: Very glad of the big move, just what the market needed to get out of this congestion.  Hopefully I'll get something tomorrow. Lesson: the pivot high/low isn't always exactly where the momentum kicked in!

morning prep...

afternoon summary... only a chart as in coffee shop... sod it here you go...




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