short 181k 94 stop 3500 first target 84
short 120k 36 stop 51 first target 25 second 05
today P/L: -148$
long 181k 49 stop 42 first target 62
today P/L : -211$
I missed one valid setup later which would score about 75 pips...
I trade my own rule based system. It is not strictly mechanical though.
long 120k 3327 stop 12 first target 42 second 83
today P/L: 37$
first target hit, stop moved to 92, second target 3354
long 181 96 stop 86 first target 3306
first target hit, second target 84
buy 120k 3355 stop 40 first target 70
I also like to trade first pullback after strong breakout using strictly 5min charts. This approach seems to be similar to your strategy.
You are welcome. Are you familiar with a Bob Volman's book ? It really gave me food for thought.
Disclaimer: I am not associated with the author...
You are right. This was a pretty weak setup. 1min started to trend but there was no confirmation on 5min
This one was stopped out. A stop wider by 1 pip would result with a profitable trade and 1:10 risk to reward.
This kind of box can give really powerful breakouts. Great trade with a small risk and big potential rewards.
This one was a mistake. Engulfer should be sitting on an important support/resistance, be distinct and bigger than average of last few bars.
Sorry guys for the delay. Here are some 1min charts from this week.
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