We are continuing to share trades that are taken by our graduate master traders. These are the traders that we have help run our live market classes as they are trading their own accounts consistently live. We plan on introducing this trader shortly.
Hi guys. Today there was good movement early in the market. On my first trade to the downside, I noticed a head and shoulders pattern so I decided to take the trade at the midband and I was lucky to get filled.
After the price failed to pop to the downside I decided to reduce my risk, but still give the trade enough room to work. Eventually got 1.5 points. I didn’t take the second trade to the downside because I saw a small consolidation and I wanted to wait for the price to go lower.
On my second trade, the price broke the support area, but the fyl turned against the run to the downside so I got out at the first area which was the fyl. On my last trade, I lost 3 ticks. I decided to reduce my risk after the price failed to pop to the downside and the fyl started to angle up.
Total of 2.25 points
On my second trade, the price broke the support area, but the fyl turned against the run to the downside so I got out at the first area which was the fyl. On my last trade, I lost 3 ticks. I decided to reduce my risk after the price failed to pop to the downside and the fyl started to angle up.
Total of 2.25 points
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