sorry, was logged into work - didn't see your posts. The trade - entry and exit levels were determined on the hourly, not exactly retrace based. Moving SL to 4466.75 (b.e. + 1) going into overnight, same exit remains.
I know...and I got all kinds of issues - baggage from years of bad trading, trouble scaling, fear factor with trades close to market open, lack of screen time during RTH etc. etc. getting over them slowly. back to fore-sighting - looks like NQ came down to 4482 as expected, back up to 4510 or no?
You're trying to predict where price will go rather than just follow it as far as it's willing to take you. This trade has been discussed since last week. Anyone who missed it hasn't been studying.
Pretty much, except that if you begin at the beginning, at about 58, the halfway level is lowered a bit.
Did you see how price behaved as it dropped through 80? This tells you that traders consider that level to be important. Or at least the traders who move money.