Symbol: CBG
Type: Long
Entry: During the 11am bar
Exit: Half at 1pm, and half at 1:30pm
Result: Gained +0.55%
- Not the perfect set-up, but I'm happy because I didn't lose money on this trade
- I entered after the Hammer-type candle on the 6th bar with increased volume. My initial target at the Opening High
- The prices failed to rise soon after entry, and I re-adjusted my Target to the high of the 2nd and 3rd candle
- It reached my target price and I exited half of my position
- The prices went further south, and I exited my remaining position at a lost of a penny
- Overall, I still managed to profit from this trade, which I am very happy about it
- It's a rather positive note to end the month of July
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