I took a ES 30m DBD wick and risked $150 on entire wick with 2 contracts I HELD and got a ROLL, I moved STOP to FLAT but as market moved back up I moved stop risk to $75 just To many buyers kept coming back in.
Feels like RISK AVERSION almost KICKED IN.
I could have TAKEN off 1 contract FREE TRADE and left on 1 but that CUTS off the RUNNER and not a high probability rule.
It was a GOOD 30m LEVEL at a GOOD time frame (10am)
More buyers then sellers just landed on the wrong side of probability (IS THIS TRUE OR WAS YOUR STOP TO TIGHT) there was NO CLEAN 2/5m entries on retest ~ideal entry~
Original risk $150 (needed 8 tick instead of 6)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-14 09:47:10 | ESZ6 | sell | $2141.50 | short |
2016-10-14 10:13:26 | ESZ6 | buy | $2142.25 | short |
2016-10-14 10:13:26 | ESZ6 | buy | $2142.25 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!