YM Daytrade Buy Channel Range Bottom Limit Order 37701

11 JanI put my limit order at 50% of the last 15 minute fat bar. I am waiting for a pullback for a trap shorts. The 200sma on both the 15minute and the 5 minute is flat. My stop is 49 ticks with target at 37864 just before resistance for 162 ticks. About 3.3 to 1

11 Jan

Dagangan aktif

Entered on the 5 minute pullback to the rising 21ema.

entry: 37836
stop: 37787
Target: 2.5R so 37961



Now to close my screens and walk away

11 Jan

Dagangan ditutup: hentian tercapai

Got trailed out with that bull bar taken out. Was only 10 ticks to target and it rolled over. Very frustrating. Tried for 125 ticks and only got 52 ticks