I put my limit order at 50% of the last 15 minute fat bar. I am waiting for a pullback for a trap shorts. The 200sma on both the 15minute and the 5 minute is flat. My stop is 49 ticks with target at 37864 just before resistance for 162 ticks. About 3.3 to 1
Trade attivo:
Entered on the 5 minute pullback to the rising 21ema.
entry: 37836
stop: 37787
Target: 2.5R so 37961
Now to close my screens and walk away
entry: 37836
stop: 37787
Target: 2.5R so 37961
Now to close my screens and walk away
Trade chiuso: stop raggiunto:
Got trailed out with that bull bar taken out. Was only 10 ticks to target and it rolled over. Very frustrating. Tried for 125 ticks and only got 52 ticks