I took this trade as a squeeze zone and while I would have liked to have taken an earlier position I wanted full confirmation from what I had scribbled on my chart which was $114.80. I then took a position and turned this trade into a scalp. Obviously the day is done and I can look at the chart and say shit I wish I had held this through the eod or added position again where at $115 where it broke out again at 2:15. I didn't though because I wanted to protect my gains and thought that re-adding on this could be a gamble?
Execution detail:
I know and I'm kicking myself for not taking that trade. It's funny how I get not worried about losing money if I'm already in the red but if I've made it then I trade more like I should.
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You could have added back around 116 late in the day when there was 9/20 EMA cross over. This type of squeeze setup gets a pop when there is an intraday 9/20 cross.