The set-up: Entering after a bullish reversal from rom 4-HR ZONE
What I did Right: Entered from a breakout of a trendline inside the 4-HR ZONE
What I did Wrong: I thought it was a decent trade to the next level up, which is the next green candle to my left which causes price to either fall or consulate
Where I could improve: Stayed in the trade as the indicators was telling me to hold as price just kept moving sideways and did not spike down.
Trade grade: 6/10
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Big-picture: Trade was going up after UI CLAIMS as it slammed down to the 4-HR zone
Trade parameters: FROM NIGHT'S low to Beginning of the REPORT CLAIMS of around 4152
Entry: Around 4108 should have been my entry out of the zone and had pullback making an ascending triangle. Those are great for longs especially inside a non-broken 4-HR Zone.
Trade Management:
Exit
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-08-05 07:38:17 | NQU2 | buy | $13187.25 | long |
2022-08-05 07:39:12 | NQU2 | sell | $13201.00 | 0 |
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