Symbol: CLC
Type: Long
Entry #1: During the 7th bar
Exit #1: During the 8th bar
Result #1: Lost -0.64%
Entry #2: The beginning of the 10th bar
Exit #2: During the 15th bar
Result #2: Gained +0.75%
- The 6th bar came across to me as a Hammer, and the fact that the real body of the bar had the previous completely covered, I saw it as a Bullish signal
- I entered Long when the prices closed above the 4th bar high, and set my Protective Stop at just under the 5th bar low
- My Stop was hit during the next bar, and I questioned myself if my Stop should be set to the 6th bar low
- With both the 8th and 9th bar low failed to go under the 6th bar lower, along with the rising 5eMA acting as potential Support, I decided to re-enter the trade again
- I entered at the beginning of the 10th bar and things looked better this time
- I tighten my Stop later to underneath the 12th bar low, and it was reached during the 15th bar
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