SL: 3 Ticks, RR: 2.5, ATR: 3.86

Reason: 10k on bid below VAL, Yield at resistance, 

Entry: Limit order above absorption, SL at low of abs candle

Exit: Stopped out by 1 tick, ATR was 4 ticks which is a tad elevated, was contemplating setting SL to 4 ticks but didnt. would have been fine with volume stop at 300 and the 4 tick SL. Lowest bid seen at SL level was 380 contracts. 

Emo: Good, put trade on and let it play out no matter the outcome

Mistakes: Upon review, value was still moving lower and POC was at low of zone. These work better when POC is flat and VA hasnt moved i awhile. Also day gapped down, we retested the previous low and moved lower. context says bearish. 

Did Well: price did run 7 ticks after. would have filled first TP and stopped out at BE after. 

Would I Take Again: Yes set up was fine, had other confluences as well. 

#outbalance #neutral #weaktrend #slowmethodical #goodentry #tradedthrough #hitstop