Using Intra-day algorithms for trade entries. 43 R:R Trade!

As of writing this (about 10 minute after recording this video) we did rebound perfectly off our level and are 3 points up ($900). If we were to close the trade now it would be a succesful 10 R:R trade. But we have daily algorithms for a reason.

I'll share updates on how the trade is going below on this post!

Hope this was helpful!! It's truly incredible how you can "Catch bottoms" and have such a tight stop loss utilizing both intra-day and daily algorithms.

Happy Trading all!

Commentaire:

10 minutes post-analysis and trade entry!

Commentaire:

First profits taken at the top of a tapered intra-day channel. Took 2 contracts off of my total 6 taken. Although this is a swing trade, I do want to lock in profits to guarantee a break-even.

Commentaire:

Another take profit hit! Currently holding 2 more contracts that I will hold over the weekend.
Current profit: $1,600