Range Bound Low of Day Buy (If Presented)

25 juil.

Price is mean reverting around 45,000 and also mean reverting around today's open. I will be waiting for a mean reversion play under the low of day targeting the high of day.

I will be waiting for a small entry candle, a small doji. I did not take this first run up because the entry vs stop would have been too large. I believe the first mouse in will get dunked on.

Once entered, I will use a 75 tick stop and a 190 tick target for a 2.5 to 1

25 juil.

Ordre annulé

Unfortunate the market didn't give me a deeper pullback where I wanted. I missed this trade because I didn't feel comfortable buying in the middle. Oh well, missed money is better than lost money. At least I was correct on the play. Means I am improving 1% everyday.