| Asset | Primary (W) | Intermediate (D) | Short‑Term (1H) | Entry | Stop | Target | Outcome | |-------|-------------|------------------|-----------------|-------|------|--------|---------| | | Uptrend (20‑EMA > price, higher highs) | Pull‑back to 61.8% Fib level, still above 20‑EMA | Bullish engulfing at 151.30 | Buy @ 151.32 | 150.60 (below swing low) | 154.00 (previous swing high) | +2.68 (≈1.7R) | | ES (E‑Mini S&P) | Downtrend (lower highs) | Consolidation inside 20‑EMA channel | 5‑min bearish pin bar breaking 0.5% down | Sell @ 3935 | 3950 (above swing high) | 3895 (previous low) | +40 (≈2R) |
The single biggest mistake retail traders make is trading in a vacuum. They look at a 5-minute chart and see a buy signal, completely ignoring that the daily chart is in a massive downtrend. | Asset | Primary (W) | Intermediate (D)