Rejecting the 1 hour standard pivot. Loosing momentum reaching the pivot.
R:R 1.5 : 1.
Quick in and out entry.
1% RISK
Comment:
This trade has worked out nicely. It would be interesting to know what caused the small rally Monday morning on the 5 minute chart. This almost taking me out for 1% loss. The lesson their is place your stop above or below your swing highs and lows. Trade successful
PLUS 1.5%
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PLUS 1.5%