Thought mrkt had ended it's course to the downside. Internals were weak but improving and volume very much lower than friday. Tried a long when we could not take Friday's low. Had stop 1 tick above the H low. Not sure it was a good place to put my stop. Maybe I should have either exited before or accepted more risk.
Think that my main problem with this trade was that I didn't have an exact plan for the upside but only for the stop. Once price didn't find acceptance in IB & higher volume node above86.75 I should have exited!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-02-06 13:31:19 | ESH7 | buy | $2284.75 | long |
2017-02-06 13:38:53 | ESH7 | sell | $2283.75 | 0 |
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looks like you had the right idea but were going against at the time otf lower. So just have to be aware if you're going to be early against otf, might be hard to get a clean entry.