Feeling: Neutral to slightly confident it will work out
Update:
SL hit.
Entered again. Money spot area increased to more logical price points
Manually closed it to wait for a better price action
the story says that buyers are weak in this money spot. Entered a sell in this area
Entry: sell 15M
Feeling: Good feeling
Exit: Pending post analysis
Update: TP1 taken. Moved SL to BE
Waiting for further price action
Update 2: SL move lower to profit. Standing by.
Update 3: Manually closed for full TP
Entry: Good. Could have noticed this Sellers coming and wouldn't have made the losses earlier
Exit: TP1 was out 30%, 70% full close at final TP.
Overall Feel: Felt good. and confident the trade will work well in my favor.
Post Analysis
Entry: Good
Exit: Was Good. Reason why I close at this area is because that area of consolidation might suddenly shows a spike in the buyers. End result shows that price went lower hitting an SNR area causing price to retrace back up.
Conclusion: The earlier trades for Long caused me to hit SL is because I did not read the story before the money spot was formed. If it's read earlier, I would have entered a Short instead. Profit would have been kept and no losses would have been made.
Next trade will mean that I need to watch for the story before the money spot area.
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