Tuesday, June 18, 2103
Two live trades. 29 Ticks total….I’ll take it.
Early entry on the EMA crossover on both charts would have profited the max number of ticks. Unfortunately this was inside 25m Open range and with Weekly R1 and Daily R1 just above, momentum call on my part was above these two resistance lines. With sideways chop action for most of the AM session on market internals, choice was to exit earlier and re-enter if price continued in uptrend. Watching the EMA charts truly does take the emotion and keep me in my trades.
Check out my daily recap for more analysis of today’s trade.