intro: Did prep this AM, initially found it hard as I'm quite tired and price is retracing to long-term levels.
thoughts: plan was to wait for ECB interest rates and US initial jobless claims, then wait some more for the reaction to push price into a level of supply or demand and then take the other side.
summary: I did do the above however I missed my entry because I was looking for a LOHP short rather than a sell limit entry.
lessons: 1. waiting for data to create moves that are then tradeable is useful and time efficient. 2. I mustn't be scared of using limit orders to get into trades.
EJ missed trade:
morning prep:
afternoon summary:
BBC Traders Millions By The Minute Season 1 Episode 2 Full Episode ( from 10mins 15secs to 12mins 10secs are the most interesting IMHO)
thoughts: plan was to wait for ECB interest rates and US initial jobless claims, then wait some more for the reaction to push price into a level of supply or demand and then take the other side.
summary: I did do the above however I missed my entry because I was looking for a LOHP short rather than a sell limit entry.
lessons: 1. waiting for data to create moves that are then tradeable is useful and time efficient. 2. I mustn't be scared of using limit orders to get into trades.
EJ missed trade:
morning prep:
afternoon summary:
BBC Traders Millions By The Minute Season 1 Episode 2 Full Episode ( from 10mins 15secs to 12mins 10secs are the most interesting IMHO)
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