:-)

:-). Smooth Globex low trap trade.

2 ticks from target, so I moved my stop to point of entry which resulted in a breakeven.

:-)

Perfect setup in itself, but against trend!!... Also it was late friday on OPEX day. Keep going..

This is a reminder of not to be greedy and stick to the plan ONLY. Whenever you allow yourself not to stick to the plan, you lose, its as simple as that. However, the mistake in this trade is looking for a reversal pattern (H&S) in a HUGE uptrend. Learn by trial and error: Never make the same mistake twice.

A little aggressive, should not have taken this as risk/reward is bad. Should really be aware that if these trades are taken consistently I am gonna lose my money. However, the price action looked very good, a big amount of bears were caught as we got the entry candle. More patience, discipline and self-control.

We had a reaction at PHOD and this trade was in mid range, so we expected the price to go all the way down to PLOD = lower percentages.

Fake break of lows, huge trap for sellers. Should have seen that it was probably gonna break the resistance of the HOD.

:-)