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First trade of the day/week CL 2 contracts, target below the R . Note I entered directly with 2 contracts as when I connected CL was already 20 ticks below the lower 2nd SD. +441 USD
With regards to my last trade interesting to notice how the Asian session rebounded between the IB lower band 1 and 2 of the prior RTH initial balance and how it affected the early morning European session:
6E short 7 contracts, target on IB low yesterday's RTH +200 USD. I was expecting the market against the trade after breaking the 1st resistance line, and looking for a retracement, which happened, on the 2nd Resistance (60 min chart). If price would have continued its up trend I would probabely have reversed the trade as the MAE was getting close to the stop management. Time was agravating as I was 3 hours on the trade.
