Long position of NQ was established above 935am candle which is right above upward trending 9-MA. Stop loss was moved to break even point after 1.5-R gain. Well, I got stop out with 0-R gain.
Trade summary
- Long above second bar high which was the first pull back of current trend cycle
- Initial stop loss is set at the low of second bar.
- Stop loss was moved to break even point after position was in 1.5-R gain.
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