From post : https://www.elitetrader.com/et/threads/psychology-and-statistics-i-find-they-help-me-do-they-help-you.212087/#post-3037344 [ATTACH]...
Money is about one thing and one thing only. Trust. Who do you trust with your money? North Korea?, China?, Russia?, India?, Brazil?, Panama?,...
FBO
Chart [ATTACH]
ascending triangle on 5m, most likely a break to the upside...but we never know!
Pre-Market range low + descending trendline in the way...for now [ATTACH]
I buy high sell higher, doesn't always work, which is fine by me!
Out@3352.50
Long@3356
SL Hit
If price breaks that low (3348.75), price is more likely to test next S/R in line around 3344
I guess I am used to being wrong often lol. Sometimes I am wrong about direction, other times it's wrong timing. Once in a while I get both right :)
Back in Long @ 3351
OUT, got trapped
Long@3351 SL@3348.75 TP@Daily High + whatever the market will give beyond that
SL@BE only because price is hitting its head against the 5m20EMA [ATTACH]
Long@3340.75 SL@3338 TP@3346
Stopped Out
Hourly TL Breakout Pullback [ATTACH]
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