FINALLY A WINNING TRADE AGAIN
- Blackbay Trading
- Jul 2
- 1 min read
Second Entry Long (2EL) - Retest - Profit
Took this second entry long on my second chart (EOD unchecked). It was a bit risky since the EMA didn’t hold and the 2EL signal bar was partially below it. However, on the main 2K tick chart, this setup was also a higher low confirming a 2EL that formed below the 21 EMA. The tighter uptrend channel still needed a new high—even though we’d already seen one attempt—and the way price pushed back above the EMA gave me enough confidence to take the trade. I also had a strong signal bar on my end-of-day chart, so I decided to go for it.
I targeted 8 ticks since the ATR was low and the overall market pace was slow. Unfortunately, I got bad fills on six accounts and only captured 5 ticks on those. Still, a win is a win! :)


Comments