Mean Reversion Around 00's Short Down to 750

18 Ağu

I am short at 45,042 after the close of a fat green bar. My bias is down and so I sell into bull bars.

Price is currently mean reverting around 45,000 with the peak formation high above 250. I am looking for price to go down to the next level at 750.

I am using a 100 tick stop and a 265 tick target

18 Ağu

Not

Zero follow through with the biggest bull bar. I sold into the close of this bar.

18 Ağu

İşlem elle kapatılmış

I ended up closing it for roughly 50 ticks. Basically a break even trade. I gave it enough time and only had roughly 20 minutes left in the day. It did not go anywhere and so, I cut it. My best trades go into profit from the start. Unfortunate but better than losing money.