Today we had +5pt gap up on Prior Days Close Buying. We put in a 5m block bar in the pre-open then again on the open breaking below both to test the near the PDC. However the test had Pro Bars closing down with Exhaustion signaling potential strength @ 1537-1538. This proved to be correct and price rallied on the 1st Ti to the 1545 level. The break above 1546 would send prices into the 1550 area after the 2nd Ti.
Recap Notes:
Trade Selection - - ok Trading, ok Entries, ok Exits.
Sequence 1 -Basically 1 probe on the day no real sequences to Note.
ADJUSTMENTS & OBSERVATIONS:
Be patient and keep the Probes to a minimal
Take small profits when given!! Im expecting larger moves due the wider ranges of lately. However I need to STOP looking for home runs and take the singles to get into rythme.
Be sure to WAIT for Qualified Sequences ONLY!!
Take small profits when given!! Im expecting larger moves due the wider ranges of lately. However I need to STOP looking for home runs and take the singles to get into rythme.
Be sure to WAIT for Qualified Sequences ONLY!!