dreezyreeve's /MNQ Trade -170.86

Trade Detail

dreezyreeve's /MNQ Trade -170.86

Trade Details

Published

Jan. 9, 2024, 12:19 a.m.


Status
CLOSED

Portfolio(s)


Broker

Tradovate

Asset

Future

Future Date

Jan. 8, 2024

Future name

/MNQF24

Symbol

/MNQ


Type

Short

Pattern(s)

5D 61.8 FIB failure, 9:30 Open at PMH, against open print, bullish squeeze, H4 Uptrend,

Featured Image / Proof

Stats

Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $ P&L With Fees
16,673.25 16,667.25 158.86 1.0 16,667.25 -0.04% -12.00 -170.86

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Notes

Insane day, the market went exactly where I anticipated, which was an entire gap fill on the longer term charts, off of a 78% FIB overnight thatb acted as the PML. Targeting 16740

Despite the market heading where i though, and not being able to catch even a single crumb towards the direction, I just simply couldnt get involved because of how high we opened (AT PMH), closer to the top of the range. And just never came back at all, for any solid long entry areas that provided R/R with edge. It just moved straight up. Failed a rejection for the 2nd and 3rd levels. 

The only thing I did well today was immediately following my stoploss. On all 3 losing trades.

I knew the entire time, that I shouldnt go against the open print, that it would hit my desired target, and that the 3 short attemps would almost certainly fail. And thats what happened. But what was I supposed to do? Just long in the middle of nowhere? 

I simply could not gauge where to get involved on the long side. It literally rode my M1 fib sequence EMAS chart the ENTIRE DAY. I have not seen a market run like this in quite some time. 

 

The 2 potential long entries on the day were the OP rip, which was very difficult to catch having to click buy on the first minute of monday. But I have to start taking advantage of this somehow. I miss so many trend days off the open.

the second entry could have been a long entry off of the 61.8% fib failure, and instead of short, revert to the longs. Those were the only viable trades I seen on the day. but still, in both of these areas, a solid stoploss could not be rightfully defined. 

Transactions

Date Side Amount Price Commission Reg Fee
Jan. 09, 2024 11:21:00 Exit 1.0 16,667.25 158.86 None
Jan. 09, 2024 11:59:00 Entry 1.0 16,673.25 None None

KZIA 29.92

Portfolio(s): Day Trading Momo,
Last entry Aug. 7, 2020, 10:10 a.m.

OIL_CRUDE 48.28

Portfolio(s): none
Last entry Jan. 4, 2023, 5:24 p.m.

SI -8.90

Portfolio(s): Toby,
Last entry Feb. 15, 2023, 2:24 p.m.



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