Thesis: Demand bounce
Where/why did I ENTER (Confirmations): Selling looks weak and looks like is getting absorbed; Price didn't do another LL when it traded near the lows; Strong buying near the lows; Strong CVD divergence.
Trade plan: "I am expecting 4537-4526 demand zone to be tough support for bears, and bulls might took over, if bears continue to break new lows intra-day inside this demand but the move is lacking strength to the downside, I am open for longs, targeting first 4550 and then 4559.25"
How was I feeling DURING the trade (emotions): Very calm, as I was unware of the news
Trade management: No management as it quickly stopped me out
Where/why did I EXIT: Stopped out.
Mistakes: Not being aware of news at 3pm, specailly Consumer sentiment which tends to trigger volatility.
What can I do to improve: Be more aware of news, I was only aware of the news occuring 15min before the open and the most important one got away from my focus.
Overall thoughts: Got a little disapointed after this one tbh.
Rate this trade 1-10: 5
Risk/Stop Loss: -4 points
Target: 19.5 points ( 4.88R)
Realized: points ( -3.25R)
Unrealized Before being stopped: points ( 0R)