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
today P/L:-10$
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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