Shared by
annertrader
The set-up: Friday morning GMT. I looked amy chart and saw exactly the same set-up as the one I saw and missed yesterday.
I planned my trade meticulously and posted it on my Discord channel and waited.
This is what I planneed to do:
And this is what I did:
What I did Right: The entry: was as planned and I entered with 4 contracts (1+1+2)
What I did Wrong: Took profit way too early with too many contracts. i took profit at 78.44X1 and 78.48 X2, leaving me with 1 contract running and two fibs levels to cover.
Where I could improve: MFE by HODL
Trade grade: B+
See below a 500v chart for details of exits and entries.
And for REFERENCE, my strategy for yesterday 11 am candle that I never got to take but recognised today:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2024-03-01 08:44:17 | CLJ4 | buy | $78.15 | long |
| 2024-03-01 08:45:11 | CLJ4 | buy | $78.17 | long |
| 2024-03-01 08:45:11 | CLJ4 | buy | $78.18 | long |
| 2024-03-01 09:02:19 | CLJ4 | sell | $78.44 | long |
| 2024-03-01 09:02:27 | CLJ4 | sell | $78.48 | long |
| 2024-03-01 09:02:27 | CLJ4 | sell | $78.48 | long |
| 2024-03-01 09:06:10 | CLJ4 | sell | $78.70 | 0 |
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