So it's thursday and I really don't think I'll be putting in any more transaction this week. I'm up 23.9% but I'm disappointed in my commerce adminiion. Had I handle my trades better my return would have been considerably higher.
Every transaction hereafter, I'll identify long term and instant trend and determine if I'm doing a continuation or counter trend trade.
This is the format of my commerce record.
Monthly-bullish or bearish
Weekly-bullish or bearish
Daily-bullish or bearish (I'll do my charting daily charts)
Entrance - 1hr/4hr at the leadership of Daily
TP-Daily target for first, Weekly target for second, and the third portion let it run and keeps in mind monthly target.
Type of trade-Continuation or counter
After the 1 week I have discovered that I like to see a price confirmation on Daily candle, then await a retest of the busted level to trade touch.