Trade Reflection
Target Hit: No. Up 10.7% at some point (4.8% left to take profit.)
Target Trailed, why: No
Stop Hit: Yes
Signal for entry: Anticipated breakout/ retest historical high once again within pennant.
Trend continuation post stop breach: yes, 16% to the downside followed by a sharp rally and retest at stop. Wether stop was correctly placed or not, the price level was definitely important.
Risk/Reward: 1:1.5
Poor Stop Placement: Could have been improved by 4% at 53.10 (black horizontal line)
Risk %: 10%
Reward %: 15.5
Fundamental overlay: none
Would you take the trade today? What would you do differently?: Hard to say (didn't even take this trade (beta is too low for me)). If I have to guess I'd increase my stop to 53 for a loss of <4%
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Target Hit: No. Up 10.7% at some point (4.8% left to take profit.)
Target Trailed, why: No
Stop Hit: Yes
Signal for entry: Anticipated breakout/ retest historical high once again within pennant.
Trend continuation post stop breach: yes, 16% to the downside followed by a sharp rally and retest at stop. Wether stop was correctly placed or not, the price level was definitely important.
Risk/Reward: 1:1.5
Poor Stop Placement: Could have been improved by 4% at 53.10 (black horizontal line)
Risk %: 10%
Reward %: 15.5
Fundamental overlay: none
Would you take the trade today? What would you do differently?: Hard to say (didn't even take this trade (beta is too low for me)). If I have to guess I'd increase my stop to 53 for a loss of <4%