Fri 2024 12 13 Long

13 Des 2024

||| Stats |||

Stats Week:
** Mid Month Turn,
** US CPI: 14:30, - as expected,
** Thu EU GC 14:15:, - reduced as expected,
** Mon Morning rule, - yes,
** Tue return to W1 trend and not a W1 trend change, - yes

Stats Month:
** Christmas Rally - start Mid Nov. - yes bottom
** Christmas Rally - US election year, start Dec. - yes

Stats Year:
** US Election,

||| Trade Taken |||

Trade Taken:
** Time frame:
* H3

** Time:
* 03pm,

Set-Up:
** Trigger for trade:
* Momentum Long,
* Mon Morning rule,
* Tue return to W1 trend - UP,
* Senti, - P16,

** Mom Width:
* 6 candles - med/strong,

** Mom Type:
* 3rd directional - risk at last Mom turn,

Risk Reward:
** Risk:
* last Mom Turn,

** Target:
* R 1:1 as at ATH,

6 Jan

Trading ditutup: stop tercapai

Trade closed in SL as Trend could not continue up.
In hindsight a great SL, which once more protected capital.