Stop Loss hit
Note: I am creating this sheet for only and only learning purpose and make a data for myself. Any entry based on this will not create any liability on me and anyone/anything in concern with me. I must follow the rule any one stop loss hits then no trade at all.
Expecting 1:4
Now We must understand that market already moved yesterday and there is 3 reasons for short
- Trend line rejection
- Resistant horizontal
- Resistant moving average20,50,200
As a Trader I should follow the discipline and rules set by me no matter what happens.
If I started to follow the things which is needed while trading It must help to me to win but not in short run, probably in long run.
Trendline broken lets see weather its fake or real, I think there is a resistant at upper yellow line.
Stop Loss hit