Shared by
ekrei
Thesis- a bit extended down into daily support zone
Entry- bought feeler on the way down with original stop at yesterday low, as it extended down quickly and made 1 min hammer i added to position and then put order for 1/4 at 1r, it got filled and then i moved the stop to low of the first 5 min candle which i got stopped out and didn't reenter
Exit-
Thoughts- good trade idea right on direction wrong on time.. for this type of trade must have patience on the 5 min chart and not to enter on 1 min chart but i am not sure
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-03-16 09:31:00 | AFRM | buy | $9.600 | long |
| 2023-03-16 09:35:00 | AFRM | buy | $9.520 | long |
| 2023-03-16 09:40:00 | AFRM | sell | $9.690 | long |
| 2023-03-16 10:15:00 | AFRM | sell | $9.430 | 0 |
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