LABU, Daytrade Countertrend Strat

134
Buy stop just hit at 61.01 and trade is active , this is a countertrend trade , all out of LABD from earlier .

Entry 61.05
Stop 60.28

Not trading on 15 min tf , I'm using 2-5 min .
Note
stop adjusted to entry, protective move, if it gets hit it will put me at break even on trade
Note
Sold half at 62.16 because I have to head out to run some errands here . But staying in on the rest with a stop vs 10EMA on lower tf . Stop on balance 61.66
Note
This was one of the better producing trades of the day for sure , was stopped out on the balance a few min ago ..
out of remainder at 62.67

+1.82 percent overall .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.