Registered: Jan 2004
02-17-12 09:58 PM
ok... i'm so used to tradestation showing everything and didn't explain.
The first trade was a pullback into the daily pivot about 640am pacific time. The three lines are where the setup occured and estimate what my entry, stoploss and first target should be if the actual entry was at that exact point in time. The white arrows to the right of those 3 lines is where the real entry was when the actual trade was triggered. I traded 3 contracts short, price dropped close to my first target and then reversed up and stopped out as shown by the red dashed line and the second set of white arrows.
The second trade was a wide pullback into the daily pivot. The three lines indicate what I said above. The actual trade triggered is shown by the white arrows. I traded 3 contracts short and price hit both profit targets.