Journal 4/10
News Risk:
European markets closed
Non-farm and unemployment numbers came out on a closed friday session heading into today (Monday)
Process goal for the week: Hold trades to target
Preparation Index: 8
Trades: 1 in total
Notes:
Trade 1
Fade
ES
Size: 5 micros
9 min 31 sec
Long
4101.50-4106.25
Market dipped into my level around the 4100 on the 15 min
After a meaningful reaction at 4098 (on the 5000 tick) I entered the trade (the hammer candle)
I monitored the trade on the 1000t where I saw consolidation confirming a trigger for a fade
Review: Good trade, but I was sweating more than I should have and I did not stick to my plan of trailing my stop until I could no longer and instead took the trade to the previous swing high. This area of my plan can be improved. This deviation from my plan is likely why I saw some anxiety so I cut things off here.
Grade: B-
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-04-10 09:34:29 | ESM3 | buy | $4101.50 | long |
2023-04-10 09:44:00 | ESM3 | sell | $4106.25 | 0 |
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