Unfortunately 2745 was all we got out of that move before another push up. We do have a bullish bias and we do have targets above, however, we're a little too stretched here to attempt going long unless scalping the smaller TFs. A pull back from one of these resistance levels would be ideal, back into the order region

Emotional Control:

Managing emotions is crucial for success in trading. Nearly 90% of a trader's success hinges on keeping emotions in check during market volatility.

Risk Management:

A well-defined risk management plan is essential. Traders need to determine how much risk they're willing to take for a certain profit.

Strategy Consistency:

Sticking to a strategy is important. Constantly changing strategies can lead to confusion and losses.

Entry and Exit Points:

Predefining entry and exit points before initiating trades can help reduce emotional decision-making.

Research:

Analyzing historical data, technical indicators, and market conditions is vital for making informed trading decisions.

Discipline:

Successful trading relies on sticking to a trading plan and maintaining discipline, regardless of market emotions.

There are 6 categories above, out of that Discipline, Risk management, and emotional control are the only things that I have no control over. I can teach and show you the strategy, I can do the research, and the Red boxes (which are my levels on an indicator) can show you entry and exit points. The rest is up to you, work on the things I can't teach you and the things I can teach and show you will become apparent

We may get bounces but we're not relying on this completing that move at the moment. We're happy with the short and want to see how the lower levels react

Quick pips this morning

Reverse trade on the bounce

Just to be clear, this move was enough for us for today. If they take it up we're happy to let it go

Otherwise we will wait lower