ESU3 Trade on Jun 21, 2023 10:21 from Ninjon: Tradervue User Stock Trades.

Gravatar

Shared by
Ninjon

 

DETAILS
TP: 4416.50
SL: 4412.00

BIAS
Bullish. Price took out the previous swing low on the 1hr candles. From the 15min candle perspective, the 9:45 AM candle took out the low, and the 10:00 AM candle took out the 9:45 AM candle low and then closed green. 5min 10:10 AM candle showed displacement heading north and created an FVG.

ENTRY REASON
Entered at mean threshold of the FVG.

RESULT
Collapsed the trade in profit. I wasn't comfortable with the chop. When price went to +$150, I trailed my stop to +$25.

REFLECTION
5 handle Target would have been reached in 13 minutes. Looking back after the fact, 1min candles were not closing in the 5min FVG at all. They were closing right at the top of it. This would signal that price is likely to keep going higher as there's no willingness to go lower. That could have given me confidence to stay in the trade to the target. At the end of the day, I'm happy with making profit.


Execution detail:

Date/time Symbol Side Price Position
2023-06-21 10:21:12 ESU3 buy $4411.50 long
2023-06-21 10:23:59 ESU3 sell $4414.75 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in