End of Day Review
+0.02%
3 trades taken.
0 winners, 0 losers, 3 break even.
08:43
Breakeven sell at the top – +0.02R
Above the PW High there was a level of good role reversal, which was the 12500 level, confluent also with the price grid.
My sell trade was above +1R but found support and came back up. For these trades, I promised myself to always keep a tight stop loss. What I need to improve is to take profit out of these moves.
11:30
Failed sell at the top | -0.27R
Yet again! Didn’t take profits when I was around +1.5R, and a tight made the trade to be closed right on a reversal point. Now price is below the channel boundary at 12577.51, surpassing my 2R level.
12:01
Bad sell trade below support level | +0.27R
I do think that price could go lower from that point, but we never know how will that happen. Frustrated watching price breaking the level that was acting as support, I sold on the way down.
I closed it mannually as it is not the kind of trades I should get involved.
