07 Apr Trading Plan 04072020
This is part of my prep-work going into the European session of crude oil. I am not sure if I will keep posting this but in an effort to keep doing something with the website I thought this might be good. I already do this work within my Edgewonk trading journal. I’ll do a separate article on that sometime later.
These are my hypotheticals for today’s session. Basically the levels that I will be looking at where it has a higher probabilistic chance the market will start reacting. Then I come up with ways I think the market will react around those levels. During the session I then wait for the market to hit those levels and either confirm or reject my hypothesis. I hope that makes sense. If not, please get in touch with me. I am not selling you anything. I just love to talk to people that are on the same path as me. So don’t be shy and reach out.
(In order of what I think has a higher probability)
- Break Out failure from 30.235
- Short around 30.25
- Extended target 28.80
- Swing Reversal H4 QHi + M30 D ZOI
- Short around 29.90
- Extended target 28.45
- Break Out from 30.235
- Long around 29.90
- Extended target 31.40
Let me know what you think. This is an exciting but also very lonely journey that we are on so get in touch.