Trade 1: -09, -09 (Low taken out on High Volume, Entry at Confluence of 50% Fibs w/ Daily Pivot)Trade 2: +12, +19 (Pullback to Daily Pivot @ 50% Fibs Entire Day, Aggressive LONG due penetration of 62% Fibs of Day on High Volume ERVB)
Trade 3: -06, -06 (First Pullback ot MAs following MKP, Entry at 24% Fibs LL to PH - Moved STOP up too soon before Trading Plan dictated... Follow the Rules!)
Trade 4: -11, -11 (Fib Confluence 24% LL to PH w/ 50% AL to NH)
TOTALS: -21 / -$105
LESSONS LEARNED:
- Follow the Trading Plan w/ regard to moving ISL once a PH or PL is established (move stop only when all criteria met for a PH or PL)... Trade 3 would have been profitable.
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