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Mind telling me why you had the long bias or what made you have the long bias? and what kind price action would have made you change your mind in that particular stock on that day?
3 reasons:
Price up in the previous days
Good shape bull bars at beginning
Potential double bottome at 23:15 area
On the other side, the price hadn't broken the trading range of prrevious day range, bull bars from the pullback (from 21:55) were weak. If I remember well, in bigger time frame, the price was far from MA, so the chance of another strong bull day was low.
I had this long idea before openning, the idea get strengthened by the beginning bull bars. The first two trades are scalps, but the 3rd one (23:30) was planned for a double top of openning high. It failed, I should exited early, but got weak mind.
Something it is just difficult to accept a failed trade, at least for me~~
Hope this helps. Where do you come from? which part of china?
