2nd trade of the day. Long position was established at 1215pm. That was the first pull back of new trend cycle. After getting stopped out in the first trade, I was extra patient to wait for a quality entry. Here it is. Small R. I trailed stop according to my plan and get stopped out with 3-R gain.
- Long above the high of 1215pm candle which was also the first pull back of new trend cycle.
- Initial stop was set below 1215pm candle.
- Profit stop was triggered at 1245pm.
One trade closed with 3-R gain.
This is the last trade of the week. I call it a day now.