One of those stocks that you watch
Open
- Flipped the position, target LOD and furhter. Price action rejected immediately after, broke to the top of the range again it had just rejected off of. Stopped out.
Reflection
- 3 indicators? Yes, first entry called for, took the flip.
- Scaling? No, no additional indicators for additional entries.
- Partials? No.
- Risk management? Stop loss at the top of the range. Holding out for a retract retest but didnt occur.
- What went right/wrong? Trade idea and execution was valid, trade did not resolve.
- Successful trade? Yes, took the flip side for the break down, trade rejected and stopped out. Minor loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-12-11 09:39:53 | M | sell | $20.070 | short |
2023-12-11 09:40:45 | M | buy | $20.270 | 0 |
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