3/Nov/2023 $201.00usd profit started trading 8.33 ended 10.43 est. High market impact scheduled news so this was a complicated trading day. Holded a loss of 1.6k to make only .2k, must think seriously about it.... the profit is not enough for the risk.
Started watching the market to see the price action and price movement at news data release. Then at NFP the price movement was extremely fast sideways in a very small range and then went up. So i just continued watching the price.
Then price made a double top close to previous day relevant price, down with momentum flow and compounded momentum started building down and price crossing the filter so i decided to enable the down grid direction.
Price resumed the up direction, strong, and i reversed the grid to up direction
Price respected the resistance level at previous days relevant price and momentum started to change to down direction so i closed the grid with a loss.
Price went down and enabled the down grid direction one more time.
And again, this is why is hard to trade at news affecting the market, the price resumed the up direction in a very strong move, but as i saw the price ranging up/down i decided to hold, then the price started making higher high with higher lows and holded the grid down direction with a big float loss (1.6k), then after the last scheduled data release the price went a few bars up and reversed to down direction, as i had the exit in pause i was able to exit recovering from the float loss and with some small profit.
I still had the down grid direction enabled to made a few more dollars.
And decided to stop the grid trading for today, as its my wife´s birthday now i must cook, clean and make home duties lol.
All have a great day!
AG

