Timeframe:2'
Strategy: BS
Valid Trade: N
Notes: I put an order in to buy if price broke previous candle high and started looking at another trade. Trade become invalid once the low dropped below the previous candle and I should have cancelled the order but was looking to get into another trade(which actually worked out). Also looking at the 5' with the huge TT was another tell... Need to pay attention to multiple time frames. Everyday is a new lesson, winners and definitely the losers
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-10-05 09:47:42 | MARPS | buy | $8.400 | long |
2021-10-05 09:53:16 | MARPS | sell | $8.150 | 0 |
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Stayed disciplined and cut it. Sellers came in hard at the open as it moved higher. Slammed it a few times. Even though it broke VWAP, it looked bearish. I couldn't trust it.