KWH Journal Entry #36
50 EMA Position— 1:5 R
“Direction” via 1D
a. Which phase is the market currently in?
(✓) pump phase!
as result my 1D bias is long.
“Structure” via 15M
a. Did yesterday’s market structure close bullish?
(✓) yes, thus my 15M bias is long
b. Which entry structure(s) has price triggered?
(✓) 50 EMA!
c. Is the market currently in its pump phase?
(✓) yes
d. Is there a local structural low that a long position can be taken from?
(✓) yes; you may buy when most optimal!
“Direction” via 1D
a. Which phase is the market currently in?
(✓) pump phase!
as result my 1D bias is long.
“Structure” via 15M
a. Did yesterday’s market structure close bullish?
(✓) yes, thus my 15M bias is long
b. Which entry structure(s) has price triggered?
(✓) 50 EMA!
c. Is the market currently in its pump phase?
(✓) yes
d. Is there a local structural low that a long position can be taken from?
(✓) yes; you may buy when most optimal!
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