The MP area has "blurred" a bit Supply can be noticed, but without new lows Overall picture is still to the up side in my eyes The prices now only offer better fills for the buyers rather than implying sellers took control This is just a tight range I should avoid
Wait for currency open and watch the movement then The 5m chart does not offer clean entries by my book So I better wait for PA to be more clear in order to take risk
attached is a summery of my daily review some notes on chart had a couple of placed order which DNT and one that i skipped took 2 retracements today with a total of -33 ticks Tomer.
last week offered a good lesson. I focused on a single play (5mtbr) for quite a while and things improved dramatically, last week I've added retracements to my trading. while reviewing the week and past performance i realized i should not add anything new to my trading since i'm not capable of detecting and analyzing them as efficiently as the 5mtbr moves i play. so sharing this journal with my weekly review conclusions: only one play to trade from now on i will develop my pool of plays around it. - if any.. i should keep my trading at the areas i understand. yesterday was a day off, and offered an excellent example of the play i look for. Tomer. P.S. 5mtbr - 5 minute trend break reversal