Shared by
Goku_BOWS
Daily Setup: None
Intraday Setup: Oversold bounce, RDR
Layers of Probability: Hmmm, oversold on the 5 and 15
Entry: RDR on the 5 & 15, but added more lower
Stop: LOD
Profit Strategy & Targets:
Cover risk quick on the way up. Went a little too big.
Sell most into equilibrium, hold 10% for daily continuation.
Thoughts/Thesis/Notes during the trade:
Riding a bit of a high from the previous two trades.
Not a great setup or many layers of probability. Glad it worked since I went big, would've given up more than day's gains; Not a consistently profitable strategy.
Had broken support level on the hourly, not good probability.
Areas of Success:
Areas to Improve: Better setup, more layers, size appropriately.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-23 12:48:46 | MNQM3 | buy | $13785.75 | long |
| 2023-05-23 12:49:22 | MNQM3 | buy | $13782.00 | long |
| 2023-05-23 12:50:47 | MNQM3 | sell | $13787.00 | long |
| 2023-05-23 12:52:05 | MNQM3 | sell | $13793.00 | long |
| 2023-05-23 13:07:55 | MNQM3 | sell | $13805.00 | long |
| 2023-05-23 13:18:04 | MNQM3 | sell | $13819.00 | long |
| 2023-05-23 13:30:15 | MNQM3 | sell | $13775.25 | 0 |
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