As of writing this (about 10 minute after recording this video) we did rebound perfectly off our level and are 3 points up ($900). If we were to close the trade now it would be a succesful 10 R:R trade. But we have daily algorithms for a reason.
I'll share updates on how the trade is going below on this post!
Hope this was helpful!! It's truly incredible how you can "Catch bottoms" and have such a tight stop loss utilizing both intra-day and daily algorithms.
Happy Trading all!
I'll share updates on how the trade is going below on this post!
Hope this was helpful!! It's truly incredible how you can "Catch bottoms" and have such a tight stop loss utilizing both intra-day and daily algorithms.
Happy Trading all!
Nota
10 minutes post-analysis and trade entry!
Nota
First profits taken at the top of a tapered intra-day channel. Took 2 contracts off of my total 6 taken. Although this is a swing trade, I do want to lock in profits to guarantee a break-even.
Nota
Another take profit hit! Currently holding 2 more contracts that I will hold over the weekend.
Current profit: $1,600
Trade the Story
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Trade the Story
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.