DAY 103 UPDATE (TUESDAY 2ND JULY 2019)
Tuesday here and things are starting to look nice on my charts (no I don’t have a trade on yet if that’s what you were thinking lol).
Right, stats before the rant:
No of Trades so far: 41
No of Active Trades: 0
Profitable Trades: 22
Losing Trades: 14
Break Even Trades: 5
Same old same old, but that will eventually change sooner than later I’m pretty sure.
There ain’t no active trades to report on today as well, but we got one or two set ups in our sights, here’s what I’m looking at right now:
Price broke down a pretty significant key daily support and has fired off a strong bearish bar on its second retest after having jumped above the level on market open on Monday and eventually closing the gap to close back below on bearish pressure today, coming close to passing of as a BEEB pattern but not quite.
Tradeable set up on my books so I have a pending short order lying in wait right below that bearish candle marked on the chart above. We’ll see how this turn out in due time.
here’s another pair I’m watching:
No pending orders yet on these ones though as we are yet to see bearish PA to signal short bias, but still makes for a nice possible short set up. I’ll be keeping an eye on these ones.
I will also be minding how correlated these pairs are as a factor to trading them if we get valid entry signals on any of these in due course.
And that’s pretty much how interesting the daily charts has been for me on this end.
Hope you had way more interesting stuff to look at on your end.
See ya tomorrow Journal…