Just wanted to start a team journal for SRDC II. I know this will benefit me greatly and I hope you as well to have the ability to post transactions we chose, rationale behind accepting the trade(s), compare our analysis along with other people, and permit other people to comment and perhaps correct our logic if it is faulty.
My last trade:
Trend changed today from short to long and we had an extremely extended candle on the 15min chart that approached the 0 weekly fib level -- I went short at this level while the price was only a smidge in the upper quadrant. I set a target of 10 pips because of it being countertrend. Result -- 10pips.
I consider this a high risk trade and not after SRDC rules difficult and fast.
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