stop above chart anomaly
a real-time price action trigger printed that invalidated this trade idea in real-time that I fully bypassed in my mind until reviewing in retrospect
volatility stop above 20 day MA
exit with flush to downside
stop placed incorrectly at the 20 day MA rather than beyond it
recall that stops of this sort need to be placed beyond the trade invalidation point not at it
same trade and same mistake moments later!
20 day MA price wick with price action trigger below 20 day MA
stop above MA and recent price structure
exit with momentum flush lower
its clear here I am not paying much if any attention to trade management in these examples ~ please watch closely the action within and around one minute price candlesticks as trades progress in future days
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-03-05 12:48:19 | ESH0 | sell | $3019.00 | short |
2020-03-05 12:48:19 | ESH0 | sell | $3019.00 | short |
2020-03-05 12:48:32 | ESH0 | buy | $3020.75 | 0 |
2020-03-05 12:50:30 | ESH0 | sell | $3029.00 | short |
2020-03-05 12:51:04 | ESH0 | buy | $3026.75 | 0 |
2020-03-05 12:56:09 | ESH0 | sell | $3025.50 | short |
2020-03-05 12:56:34 | ESH0 | buy | $3027.25 | 0 |
2020-03-05 12:57:41 | ESH0 | sell | $3025.50 | short |
2020-03-05 12:57:50 | ESH0 | buy | $3026.50 | 0 |
2020-03-05 13:07:58 | ESH0 | sell | $3021.00 | short |
2020-03-05 13:08:34 | ESH0 | buy | $3017.50 | 0 |
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