MVL (gap down)
Gap down is followed by weak candles before we retrace back into the OR. We trend up to the OR high but this is rejected on a weak candle (6th). This price action and the indication that the market was overbought was our trigger for a short trade.
Entry: 29.68 Stop: 30.10
Fib Ext: 26.39
1R=29.26 2R=28.84 3R=28.42
We take partial near whole number for 1.5R and leave rest to run. This was stopped out at breakeven.
HLF (gap down)
Gap down is followed by weak candles before we retrace back into the OR. We trend up to the ema, which is acting as resistance. This price action and the indication that the market was turning down was our trigger for a short trade.
Entry: 19.33 Stop: 19.80
Fib Ext: 14.58
1R=18.86 2R=18.39 3R=17.92
The initial price action is promising, but there is some support at whole number $19, so we move out stop closer to entry. This is where we are stopped out for around a loss of 0.5R.
GG (gap up)
Gap up is followed by trending up action. I missed the two hammer pullback on 8th and 9th candles. But in the last session I entered long for a scalp as the market made a short term bottom and headed up into the close.
Entry: 21.89 Stop: 21.58
Fib Ext: 21.13 (already passed)
1R=22.20 2R=22.51 3R=22.82
This was just a quick scalp type of trade and so I closed out once 1R had been reached.
Overall ok today. I did have an entry for EXPD but it was never triggered. Other than that, no setups that stood out for me.