After run-up at the open it faded below ema's and was cracking the vwap. I took a position and added more as it continued to lose ground as I watched level II. Was stopped out as subsequent candle ripped thru the ema's, triggering my stop.
Execution detail:
You have the same problem as me today. Tight stop caused me to miss the HUGE play. I feel your pain.
And if I might add you should have a stop loss a bit more looser since you can clearly see from the couple of candles before that it often pierced through the EMA. But not a bad trade since your mind was in the right place!
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Look at that candle after u stopped. Ugly reversal candle. Just because it went that EMA by 1 candle does not mean anything. Wait for next candle and reassess. This quiet common, they will fake u out with 1 candle.