So far so good, you were up +3R, but then you had a -1R loss. But as usual this loss was small when compared to the prior +3R Profit. Then we had a TS2 sell that made a double top a few bars later (so was not stopped out). This short trade then started to decline nicely.
As you would have been on a small profits, you should have had your stop “at least” at break-even, making this a break-even trade.
But the day did not stop there, as the low on the ES was coming in, let’s take a look at the NQ in the next post.
Thanks, Steve
As you would have been on a small profits, you should have had your stop “at least” at break-even, making this a break-even trade.
But the day did not stop there, as the low on the ES was coming in, let’s take a look at the NQ in the next post.
Thanks, Steve
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