YMU4 - DOW mini - Friday

News: There is not important news today.

Pre-market expectation: Downwards movement to 16760-790 zone.
Opening hour: upwards movement is possible.

YMU4 1H-'15 min. chart:

NYT 9:55

I opened a position, details in the chart. I made a mistake, because RSI '15 is too high ('3 RSI resistance line as well), therefore I shouls have closed it in time. In this case RR would be cca. 1, which is a good contratrend trade. I moved my stop down, quick, it was a right decesion, because it was contratrend trade. My earn is 1 tick :)

GoldenX on '3 chart!

NYT 10:57

In the close future new trend would be started ('3 chart 5-10 bars).

NYT 11:25

Top or not that is the question? - ala Shakespeare

NYT 11:35

Too slow. I would like hit it at 16782 (contratrend trade, because '15 RSI high).

NYT 11:54

Top, but I think is not a new trend (LD available). Channel broke, but my trust is not enough strong.
2 hours sideways movement 16840-16900?. '15 RSI bull, '3 as well.

RSI 1H chart 69-70, above MA9. Bull...

NYT 12:53

'15 Bullish sling (?)

NYT 12:59

..and '30 Bullish sling, as well (?)

NYT 13:14

Slingshots are dead. I think 16845-50 the first target, it will reach in 20-30 minutes. After a correction will start (or trend come back). Danger! It would be strong and quick!


NYT 14.12

Turn as I expected!

Expectation until close: Sideways movement in the yellow zone.

NYT 14.51

Two chances, 55-60% upwards, but 40-45% downwards...


DAY SUMMARY:

Pre-market expectation: 
Opening hour upwards movement: ok
Downwards movement: ok, but the measure not

10:57 mention: Turn: ok
10:25: mention: TOP, but it was a question
11:54 mention: I think it was LD, a of Zigzag
13:14 mention: Turn, but 16854, not 45-50 zone, but I think it is not a big mistake :)

Expectation until close: See the chart :)

Trade: not so good...