Performance Metrics
| Entry CPU | 4,210.00 | Price P/L $ | $0.00 |
| Exit CPU | 4,205.50 | Div P/L $ | $0.00 |
| Fees | $1.74 | Gross P/L $ | $-225.00 |
| Reg Fees | $0.00 | Net P/L $ | $-226.74 |
| Commissions | $1.74 | P&L% | -0.11% |
| Cash Div. | $0.00 | Total Ret. % | 0.00% |
| Max Qty | 1 | Open P/L $ | $0.00 |
| Current Qty | 0 | Open P&L% | 0.00% |
| Max Cost | $4,210.00 | Open Value | $0.00 |
Featured Image / Proof
Notes
Hypothesis: Price would reach into a fair value gap above, and then get rejected into the downside.
Mistake: Didn't realize that under the gap above was resistance, and if that resistance was broken the fair value gap would become support.
Result: Price broke resistance, entered the fair value gap, but rather than rejection, price created a new gap during the breakout and used it as support, rising higher and stopping me out.
Lesson Learned: Watch how price interacts with fair value gaps before entering a trade, and watch for resistance near gaps, if resistance is broken the gap becomes liquidity to move higher.
Transactions
2 entries| Date | Side | Amount | Price | Commission | Reg Fee | Current amt | Current value |
|---|---|---|---|---|---|---|---|
| May 26, 2023 12:22:19 | Exit | ||||||
| May 26, 2023 11:41:45 | Entry |