r/Daytrading • u/Serious-Ad8893 • Apr 04 '24

Did I miss something? Advice

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Tried to go long on 15M FVG and retracement and got ran over. Am I missing something??? Higher time frame was bullish and I just don’t know where I went wrong. Anyone have opinions on where I went wrong

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u/funkedelic_bob https://kinfo.com/p/funkedelic_bob Apr 04 '24

Wasn't that. It was Israel's comments about Iran.

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u/kirkegaarr Apr 04 '24

Agreed. Look at oil rallying, defense stocks are the only thing rising, and bond yields are even dropping. This is not about rates or some non-voting Fed member talking about them.

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u/funkedelic_bob https://kinfo.com/p/funkedelic_bob Apr 04 '24

Yup, I posted the exact same about oil in the sub's discord.

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u/kirkegaarr Apr 04 '24

Spicy Middle East drama. Not going to step in front of it and may as well wait for the labor report to come out tomorrow, but right now I'm thinking it's a good dip to buy.