A trade is not finished when it is placed. The course reviews every open position once a day, top down.
The review
- Open the Trading page: open positions with live profit and loss, open orders with their distance from price.
- Re-read the four-hour and the daily on the Technical Analysis chart, then the weekly on the lesson chart.
- Check that the take-profit and stop you set still make sense against today's structure. (They were set in the ticket; if they must change, the previous lesson explains the close-and-re-enter route.)
- Write one line in the journal.
A historical multi-timeframe read, as the author did it
Four-hour Wolf Cross bearish, so a downside bias. The 200 EMA near 55,000 dollars at the time as the retest zone. The golden pocket of the last leg, which the author draws from 0.702 to 0.786, as the reversal area. The daily 21 EMA as the last point of support. That was one day's read of Bitcoin in a past cycle, written here to show the layering, not the levels.
The calendar check
The author also notes where the lunar calendar sits, treating the run into a new moon as bullish and into a full moon as corrective, with eclipses as "stronger". On this platform that is a date on the Astrology page, and the platform's own study found no established link to price. Check the date if you like the habit; do not move a stop because of it.
Adjusting the ladder
- Move unfilled entries up as the averages rise.
- Cancel unfilled levels when the structure that justified them breaks.
- Add new entries above the pocket only after a confirmed reversal, never during the fall.
On WenMoonLambo that means cancel in the Open orders list and place again; there is no drag.
In the lab
Open the Portfolio page and read the journal entries for your open trades. For each, add a tag with the setup name and a note with today's read. The Portfolio analytics group your results by tag, so a month from now you will know which setups the follow-ups actually saved.