Well somehow I contrived to get losing day today despite the market being in an uptrend for most of the day.
Maybe it was time for MBT revenge after my good gain yesterday :-).
On the IB scan and first candle was bullish compared to market and we hold previous day's low. The next candles break the OR as we trend up with the ema. We get the pullback we are looking for on the narrowing Nr7 candles (4th and 5th).
This price action coupled with market upturn was my long trigger.
Entry: 26.40 Stop: 26.06
1R=26.74 2R=27.08 3R=27.42
It did look good briefly but then fell quickly and so stopped out for a loss.
I probably missed some good entries on other stocks as my other scanner trial expired today..lol
Looking at the charts now in hindsight, pretty much every stock had a nice tidy uptrend. So maybe I should have done a lot better. Other than the MBT trade I did have a look at some other charts, but couldn't convince myself to enter anything.
On a general note, I'm just too mentally tired from last couple of weeks as well. Work is also busy and at the moment it feels like I'm doing two jobs. Tomorrow is a market holiday and Friday is half-day as well, so I won't be trading for next 4 days. That gives me time to relax and also to reflect a bit on my strategy. Maybe to consider how to incorporate other things into it (scanning other than IB for example).
That will take us to end of November and so I have also updated performance table for this month. Which leaves one month to go before end of my first year of serious live day trading. It has been quite a year !!! I'll maybe post a yearly review towards end of Dec on how thing's have gone from my perspective and also what I want to get out of next year.
For US readers...Happy Thanksgiving.