For an ABCD higher low set up. Enter on a sideway move. Risk 2.28, aim for 2.52+. It hit risk and went downward. Bounce 2.27, got out @ 2.29. Good trade. Need better entry or not trade at all.
Reenter @ 2.37 for a break of the sideway move. Fakeout. Risk 2.27. Got out on the flush. Took a bigger loss than necessary. Need better exit strategy.
Overall, the bigger picture was for ABCD setup but sideway action sucks.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-02 09:22:20 | DBVT | buy | $2.340 | long |
2020-11-02 09:33:29 | DBVT | sell | $2.290 | 0 |
2020-11-02 09:45:30 | DBVT | buy | $2.370 | long |
2020-11-02 09:45:30 | DBVT | buy | $2.370 | long |
2020-11-02 09:58:13 | DBVT | sell | $2.240 | 0 |
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