Market

There were a total of seven changes in trading directions across the market, with three changes occurring between 3:20 PM and 3:35 PM, i.e., within 15 minutes, marked by an expansion in spreads and very rapid changes in directions. These conditions sharply deviated from the usual, making it impossible to enter the market while adhering to safety precautions.

Otherwise, the task was to enter at the beginning of movement. All entries were either for continuing simple movements or for the start of a new simple movement based on floating squares. There were no difficult situations, i.e., no instances of two consecutive stoppage triggers.

Group

The main drawback I consider to be insufficient assimilation of the material presented at the level of definitions. The following sequence should be followed: definition – formulation of rules based on definitions, ensuring that the rules do not contain terms that have not been defined and that the definitions not used in the rules are excluded. Rules should account for the possibility of opening a position at any point in the market and indicate the risks associated with this entry under any outcome, illustrating how one market situation transitions into another.

Have a great evening!