Bias or trade

Your direction for the day and the invalidation of one trade are two separate readings, and confusing them makes the review useless.

The last idea in this module is a distinction, and it decides what a stopped out trade actually tells you.

Two readings, two scopes

Your daily bias is a direction for the session, built from the higher charts in module 34.

Your stop is the invalidation of one entry, built from one sweep on one chart. They answer different questions and they fail independently.

The day can be right while the trade is wrong.

Gold was bullish for the day. You bought at 2,410 with the stop at 2,402 and price traded to 2,401 first.

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