I put my limit order at 50% of the last 15 minute fat bar. I am waiting for a pullback for a trap shorts. The 200sma on both the 15minute and the 5 minute is flat. My stop is 49 ticks with target at 37864 just before resistance for 162 ticks. About 3.3 to 1
Trade active
Entered on the 5 minute pullback to the rising 21ema. entry: 37836
stop: 37787
Target: 2.5R so 37961
Now to close my screens and walk away
Trade closed: stop reached
Got trailed out with that bull bar taken out. Was only 10 ticks to target and it rolled over. Very frustrating. Tried for 125 ticks and only got 52 ticks
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.