Trading ES, reverse trade based stops

Short 2093.75 -2.75

Total: +21.75 (3w, 1l, 1b/e)

 

Long 2096.75 - 3

Total: +18.75 (3w, 2l, 1b/e)

 

On the last short I was trying to go in the direction of price and indicator's pattern, then buyers came in and negated the pattern. I have seen this happen many times and am ready for it.

 

Basically wanting to know if you are using a stop when you initiate a trade. I think you are as the title of the thread suggests, but I didn't see them posted I didn't think. Are you also reversing when you see something?

 

Although a stop is the reverse trade, I have stops outside the noise of the time frame being traded.

 

Ok, so the statement earlier about a catastrophic stop is somewhat accurate and then you attempt to reverse before the cat stop is hit?

 

Short 2095 -1.75

Total: +17 (3w,3l,1b/e)

 

Long 2098.5 -3.5

Total : +13.5 (3w,4l,1b/e)

 

Short 2094 -4.5

Total : +9 (3w,5l,1b/e)

 

Long 2084.25 +9.75

Total: +18.75 (4w,5l,1b/e)