I likely would not have traded that as I would not have considered that a BO of a TR. There was no established (20 bar) TR from bar 8:30 to your entry bar. If anything, I would have gone long on a reversal (5 bars over from opening bar ---bull bar at bottom) 1 tick above the high on that fifth bar betting a reversal and move up.
Good Morning Volpri, How are you doing buddy? Hope all is well. If is see pushes down, look around and stand down. If I see pushes up, do not look up for more, stand down and wait.
May I ask you a question: I noticed you have not presented any trades during opening? I trade opening trying to catch the imbalanced and ride the opening trend. However, often I couldn't get fill, with market order (live and TOS Sim), by the time the queue reached me, the trend went away and I ended up with a loss.
Good Morning Volpri, Thank you so much for the support. I will practice on the 2 minute bars per day! You are correct small time frame give more practice and reads. 5 minute bars and 15 minute bars are too big to read in real time. And hard to make decisions.
Hmm i have no problem getting in on first or second bar of the session with market order, limit order, stop entry orders live or with SIM. It may be your platform..broker..etc?
Had to make a run to the airport today. Just got back tonight. Got to rise early A.M. for an MRI. Hopefully can trade again Wednesday.