ESU3 Trade on Jul 18, 2023 10:35 from Ninjon: Tradervue User Stock Trades.

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Ninjon

 

DETAILS
TP: 4565.50
SL: 4557.50

BIAS
Bullish. I'm anticipating price to take out the previous high Monday at 3:00 PM and continue to the top and/or past the weekly liquidity void.

ENTRY REASON
Kind of did a snap enter. 5 seconds left, as I looked at the chart, the 5min candle was closing right on the top of the 5min FVG. This to me signals no willingness to go lower. And on top of that, it was chopping for 30 mins since 10:00 AM.

RESULT
When price reached +$175, I trailed my stop to +$25. Was chopping around at +$170 to +$200 for a bit, trailed my stop further to +$100.

Trade was successful. Held to my target.

REFLECTION
I felt like I managed my risk very professionally in this trade. I trailed my stop to a key level when it was 70% to my target so it was going to be successful regardless. Also, when I felt that bit of tension, I assessed the situation and trailed it further to lock more in just in case. I checked DXY at the time of the resistance and it was trading to a 15min order block. Wanted to see if it was going to punch through and continue lower. It just danced on it, meaning futures can go higher as I was expecting it to.

I was real level headed. I'm finding my rhythm.


Execution detail:

Date/time Symbol Side Price Position
2023-07-18 10:35:06 ESU3 buy $4560.50 long
2023-07-18 10:45:16 ESU3 sell $4565.50 0


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