Because of how this pattern formed, we will have a very deep entry. This means that we will have a wonderful R/R. On the other hand, I moved my stops a little bit higher in order to be protected by that previous structure level.
There is the FOMC Statement today at 2:00 though. I am getting more educated about the fundamental part of things and getting experience on what news not to trade through. Therefore, while I become experienced enough to make those decisions, I am following what my mentor, Akil Stokes, does, so I will not be cancelling orders for this news event. Only for the Non-farms on Friday.
There is the FOMC Statement today at 2:00 though. I am getting more educated about the fundamental part of things and getting experience on what news not to trade through. Therefore, while I become experienced enough to make those decisions, I am following what my mentor, Akil Stokes, does, so I will not be cancelling orders for this news event. Only for the Non-farms on Friday.
Trade active
Comment:
I exited before the NF, and because nothing happened, I entered back again.
Trade closed: stop reached
