long bias on daily
bull trap on R1R break (bought aggressive, should have bought conservative (wait for retest))
positives:
used hard stop
lessons:
could have noticed 2x support then break of top tails right before I entered
lows were the gap fill on daily (valid support)
this lower entry would let me get out on failed pivot point breakout using low of that breakout candle for small profit vs losing trade
there was never really that clean flat top that i like in early morning setups
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-02 10:55:00 | JCP | buy | $10.028 | long |
2016-12-02 11:05:00 | JCP | sell | $9.940 | 0 |
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