Perfect day

Today I had what I call a perfect day : fast gains with four trades only. And then getting out of this. After some days of overtrading and addiction feelings again.

Reversal

I took a risky contra trade at the fibo 50% retracement (15M chart). Nobody can ignore Fibonacci!..

Forcing things

Insisting on a contra trend, with very tight stop, is not very wise.. The two reversal trades were just premature, the reversal came later and in a natural way.

Getting a direction

First trade was lucky, then it took some time to get a price direction on the chart. This is precisely the moment I look for. But the trades inside the unbroken rectangle can be painful.

Monday morning