Tags:
Trade 2
Market on hard up for a while and was now consolidating on the 5 minute. Watching Fibs...took this entry on the -23% bounce.
Used just one contract as I was on conf call. not a great planned exit...just scared out basically.
At the time I didnt realize this but the start of the swing high at the 50% retracement level exactly. I exited a little below this. It pulled back to breakeven but would not have stopped out original 6 tick stop. It went bull again after this. Trailing swinglows would not have gained more but holding original stoploss would have yielded much bigger gains as it eventually went on to run for a while. OK trade
Execution detail:
Date/time | Symbol | Qty | Price | Position |
---|---|---|---|---|
2019-01-04 10:45:44 | ESH9 | 1 | $2509.25 | 1 |
2019-01-04 10:48:44 | ESH9 | -1 | $2513.75 | 0 |
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