Patrick2707

US 100 short - scalp trade

Short
CAPITALCOM:US100   US 100
Here is a quick look into the trade I got into.

Got a very bad fill on this trade. By the time the price was moving and following my rules and the time I wanted to place my two trade positions we already had already displaced a large portion to the downside...but that happens once in a while and that's fine.

Initially looked to enter around 17500 but did not get there in time.

Entry 17435
TP 17405
SL 17450

The 5min FVG we noted earlier today (red box) played a big role in the following move. Did notice throughout the tape reading that we had better pa and reaction of the FVG on the 15min. Regardless the position entries are always taken on the LTF.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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