Symbol: NTES
Type: Long
Entry: During the 12:00 bar
Exit: During the 12:00 bar
Result: Lost -0.21%
- (NTES) gapped up today, and the prices when above the Opening Range High briefly, before retracing back towards the 5eMA
- It painted 2 consecutive hammer-type candles at around 11am, and I thought about entering but the eMA was rather far away
- The prices went up a bit during the 11:00 hour, and the 5eMA was closing in
- During the 11:40 and 11:50 candles, there was an unusual spike in volume, and my take was that it was signaling an upcoming move
- I set my entry to 2-cents above the Highs of the 11:00 hour, and my Entry was triggered at around noon
- Sadly, within minutes, the prices also fell through my Protective Stop
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