Trade Detail
celestial's /ES Trade -226.74
Trade Details
- Published
-
June 3, 2023, 10:14 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
- Asset
-
Future
- Future Date
-
June 16, 2023
- Future name
-
/ESM23
- Symbol
- Type
-
Long
- Pattern(s)
Auto-generated Chart BETA
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
Date | Side | Amount | Price | Commission | Reg Fee |
May 26, 2023 11:41:45 | Entry | 1.0 | 4,210.0 | 0.87 | None |
May 26, 2023 12:22:19 | Exit | 1.0 | 4,205.5 | 0.87 | None |