SL: $500, Planned RR: 1.96, Realized RR: 1.32
Reason: Algo Guy Strong Trend Up, Bullish SI event confirmed. Liquidity pool above.
Context: Price opened gap down. Price retraced hard up to a composite value area above. Price Just pushed up into the cva and continued to the other side. I entered at the low of the cva, was looking for a move higher through it.
Entry: Was supposed to trade 1.5 contracts so lowered entry closer to stop so risk would be $500. Plans entry was 3.293 I entered at 3.29. so saved 3 ticks.
Exit: Price made a SI Stop run higher. We rejected from it and I exited once we retested the new event.
Mistakes: Exited due to the new event. I moved my stop up as per rules but exited once we retested the stop run above. My TP was hit shortly after without hitting the newly moved up stop.
Emotions Before: Just got stopped out on NQ right away. was annoyed already going into this one
Emotions During: I seen $600 in profit a couple times during the trade and really wanted to take it off. This ultimately cost me 380 more dollars if I would have just held until my TP. My stop out in NQ was $500 so i wanted to cover that atleast. when the new SI Stop event happened I know I freaked out abit and didnt want to see my unrealized profits shrink away. So i used the new event as an excuse to get out of the trade.
Emotions After: Annoyed cuz I new exactly what I did.
Did Well: Good setup, adjusted entry to match risk profile.
Needs Improvement: Push through the uncomfortableness of trades coming back on you.
Would I take again: Yes, Good setup and context. price did make it across the entire composite value in the end.
#outbalance #trend #strongtrend #gameon #highvol #avgretest #goodentry #algoguy #context #priceheld #earlyexit #newzone #earlyexitfear #slightlyupset #ineedtotradenow #getmeout #lackcontentment
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Fill Time | Type | Qty | Price |
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SL: $500, Planned RR: 1.96, Realized RR: 1.32
Reason: Algo Guy Strong Trend Up, Bullish SI event confirmed. Liquidity pool above.
Context: Price opened gap down. Price retraced hard up to a composite value area above. Price Just pushed up into the cva and continued to the other side. I entered at the low of the cva, was looking for a move higher through it.
Entry: Was supposed to trade 1.5 contracts so lowered entry closer to stop so risk would be $500. Plans entry was 3.293 I entered at 3.29. so saved 3 ticks.
Exit: Price made a SI Stop run higher. We rejected from it and I exited once we retested the new event.
Mistakes: Exited due to the new event. I moved my stop up as per rules but exited once we retested the stop run above. My TP was hit shortly after without hitting the newly moved up stop.
Emotions Before: Just got stopped out on NQ right away. was annoyed already going into this one
Emotions During: I seen $600 in profit a couple times during the trade and really wanted to take it off. This ultimately cost me 380 more dollars if I would have just held until my TP. My stop out in NQ was $500 so i wanted to cover that atleast. when the new SI Stop event happened I know I freaked out abit and didnt want to see my unrealized profits shrink away. So i used the new event as an excuse to get out of the trade.
Emotions After: Annoyed cuz I new exactly what I did.
Did Well: Good setup, adjusted entry to match risk profile.
Needs Improvement: Push through the uncomfortableness of trades coming back on you.
Would I take again: Yes, Good setup and context. price did make it across the entire composite value in the end.
#outbalance #trend #strongtrend #gameon #highvol #avgretest #goodentry #algoguy #context #priceheld #earlyexit #newzone #earlyexitfear #slightlyupset #ineedtotradenow #getmeout #lackcontentment