Technicals: At the EU open, I noticed price had stalled at 76.48 (VAL) and was trying to push up. I initially entered Long with 2 contracts. There was no price action for a long while and as things picked up an hour and a half later, I added more contracts on the pull back with my stop firmly under the yellow line
Outcome: 100% win.
Post mortem: I played safe and took profit at 77.03 which I had marked as an area of potential resistance. Should have kept 1 contract to VAH 77.56
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-12-15 08:00:22 | CLF3 | buy | $76.61 | long |
2022-12-15 08:04:11 | CLF3 | buy | $76.49 | long |
2022-12-15 09:27:08 | CLF3 | buy | $76.57 | long |
2022-12-15 09:28:56 | CLF3 | buy | $76.59 | long |
2022-12-15 09:52:00 | CLF3 | sell | $76.80 | long |
2022-12-15 09:52:00 | CLF3 | sell | $76.80 | long |
2022-12-15 09:57:42 | CLF3 | sell | $76.98 | long |
2022-12-15 10:01:54 | CLF3 | sell | $76.97 | 0 |
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