Friday, September 27, 2013

-8pt Range Gap = Tight range till 2nd TI

Today we opened Down -8pt below the 1684-86 area signaling a Rang gap = choppy tight range till the 2nd Ti. This play out until the 8:30 bar as price broke the days high.
Recap Notes:
Trade Review :

ADJUSTMENTS & OBSERVATIONS:
Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.