JBLU Bearish Daytrade
Played the Gap Bearish. The point of the idea post is to show the succession of Stop placement as the trade moved in my direction. The dotted line is the 200 EMA on the daily chart which is why the stop movements happened more frequently as the trade got closer to that price point.
Trade was setup on the 1 minute chart and then followed on the 5 minute chart. Was stopped out of trade near the end of the day at about 1.5R
Trade was setup on the 1 minute chart and then followed on the 5 minute chart. Was stopped out of trade near the end of the day at about 1.5R
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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.