I just got into this trade, and I already want to call this mistake out. I, again, wasn’t paying close enough attention, and I accidentally sent this as a limit order rather than a stop order, so I got filled a lot earlier than I wanted. We’ll see how it plays out.
Entry – 133.192
Since March, this was largely trending upward, but over the last 2 weeks, there was downward momentum — price made lower highs and lower lows — and when I looked at it, there was a small rally that was forming that I thought I’d short in to. I looked at the 1 min. chart, but there was a lot of chop, so I went up slightly to the 3 min. chart and there was a much more clear bearish retest that had formed after price pushed through a couple of support levels. I put in an entry order, but like I mentioned earlier, I accidentally set it as a limit order instead of a stop order, so I got filled pretty quickly.
Exit – 133.3
It didn’t take long — price very quickly pushed up and stopped me out of this trade. I need to pay closer attention. Also, with the overall trend moving upward, I made the same mistake I did last week… I need to put less weight into the last couple of weeks, and really pay attention to at the very least a month’s worth of data
