Last week analysis was short-lived and price started to climb up on Tuesday, hitting our stop loss. (entry was hit below red arrow)
It was proven that Bear failed to punch the bull and surrendered. We did some damage control by reversing the position (according to the trading system) and recoup the losses.
Enough for last week.
Let see what market has to offer for next week.
Weekly
Daily
Potentially, it will test the Red zone again (SoyOil did some push up on Friday night, so expect a gap up on Monday). Do Not rush in following the gap. Relax. Buy on weaknesses, according to the plan.
For me, it is a little bit stress for October, since I increase the lot (double it up) starting this month after the capital growth tremendously since last 3 months. Nevermind. Just follow the plan.
How about you?
Till then, Happy trading. TAYOR.
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