Monday morning started fast - closed
Got back from the south yesterday late, so getting going today was a little slow. But, had a look at the charts after 0800hrs, and the price was bullish in all timeframes and at a 12-tick reversal for ZN, so put in a bid at 114'250 and was filled at 0822hrs. Stop of 10 ticks (below the cloud) and target of 40 ticks.
There are numbers at 0945 and 1000hrs, but if I wait too long, I will never get in.
As the time dragged on, I really made a point of not looking at the trade. It will either work or not. But, I saw that price came down and touched the cloud, which it will do frequently when there is a cloud break. Could have waited for that for a better entry's but that's OK.
Well, that was fast. Ten o'clock numbers came out and price shot up hitting my target. At 1002hrs, sld 1 x ZN @ 115'130.
Sometimes you get lucky, sometimes good. But as I noted before, you have to be in it to win. There was a valid setup, and because I was in a rush, I didn't hesitate. Happy with this one.
On to the next. I have put in a buy for a 50% Fib retrace to 115'060. I am walking away and see if it fills.
Update 1515hrs: Price came back down, but only to about 115'120. Will wait a bit more, but probably cancel trade and see where I can get back in later.



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