M2KM3 Trade on May 23, 2023 10:40 from Goku_BOWS: Tradervue User Stock Trades.

Daily Setup: Reversal at resistance
Intraday Setup: RDR
Layers of Probability: Daily resistance level, ES and NQ weak,
Entry: 15 minute extension, 5 big green candles, RDR on the 5 minute (15 minute RDR preferred)
Stop: HOD
Profit Strategy & Targets: Cover risk quick, relative strength, close all at equilibrium

Thoughts/Thesis/Notes during the trade:
15 minute chart extended with 5 big green bars, 5 minute only mildly extended but right into daily level.
RDR on 5 minute with very tight risk.
Higher probability of getting stopp.
Took larger position due to small space risk.
Started covering quick.
Covered more into the 8EMA, had one more bid a few ticks below the pivot.
Only 2 contracts remaining at this point
Put an OCO order for next target and stop for one contract. Forgot to put a stop in for the final contract, got lucky as I would have been stopped, but came back to a decent gain near my next target, closed out the position since this was not part of my plan.

Areas of Success: Low risk entry, good daily level.
Areas to Improve: Only a B/C rating since it wasn't extended on the 5. futures can move quick and high risk of getting wicked out or larger loss if no stop in.