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Pre-open Scenarios

This trade had been setting up for more than a week. The TL supporting the corrective up move following the October decline kept breaking but not going anywhere. It would then form another TL supporting a corrective climb in prices. This cycle was repeated three times until it broke today.

The middle chart show the three TLs I describe above and the H1 chart on the left shows the potential of a break.

This is what the H1 chart looked like by today’s close


Strategy for today’s PA

[Chart with numbered points saying what worked]

What I did

hh:mm Buy/Sell x ?? @ ??? for SETUP + LEVEL| P&L = +/-???R
hh:mm Buy/Sell x ?? @ ??? for SETUP + LEVEL| P&L = +/-???R
hh:mm Buy/Sell x ?? @ ??? for SETUP + LEVEL| P&L = +/-???R

TOTAL = x.xR (put this in a grey block)

Today’s most gorgeous setup

Chart plus short explanation

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