Bot 1 at 82.52 @ 8:00 Sld 1 at 83.64 @10:16 =1.12 * 1000 = +$1,120 Net: $-230 + 250 + 1,120 = $1,140 (all paper trades)
Will short .76 stop .83 EDIT cancel this order... will re-evaluate around .85.. I think they need to trap some longs buying a break of 15m bar high first.
The funny thing with these counter-trend trades, I would have actually gotten a better entry price had I waited for confirmation.. it kind of petered out near .20, and I could have gotten in at the same or better price and not had to take heat. NoDoji is reading this rolling her eyes and saying "DUH!"
Well I feel better at least that I would not have been filled by 2 ticks anyway if I had left the order in place. The question is, to buy .30s or not?
on an A up day, longs are always easier, so 83.30 long would have given some nice ticks, although one had to hold longs for some time. I missed the long though also. I have been using acd system for 9 months and every time , i do not follow it to the T, it makes me pay.
It will come below it at some point though- when i have no idea. If i had just bought pullbacks for longs- i should have done OK. but execution is tough as i have seen plenty of days when price pullback way below a up level- on failed A up days