AUS200 open - M15 1st clear coloured candle - Blue @ 12:45 - M5 Blue candles, Looking at continuation up on M1 with Pending Buy Stop order
Trade activated, stop set as indicated. M1 candle at 12:53 looked like it was losing energy - manual exit. 7.5% Thanks for coming.
Friday's end of day was Bearish. M15 chart was left under the morning Red Arrow Dot marking Friday focused on SELL trades at that M15 level.
I was looking for SELL trades initially. However, I traded what was on the chart - on my M1 preferred TF - with M5 and M15 in support.
I had a SELL Stop pending order on early just in case it reversed - partly answering the question earlier by Lenovo (greetings to Sicilia). The second part of the answer is that AUS200 'sometimes makes a very clear V shape or the other way around. In the past, I have been in move up, and move down back to open, VWAP, or Pivot.
My best to all for a great week of trading ahead.
M
