25.4.27 Event Contract Review
Order 1: ETH Short, Stop Loss
Entry Logic: Meets the condition of two consecutive bearish candles on the 15-minute chart and two consecutive breakdowns on the 5-minute chart.
Was reversed by a super V, which diverged from the trading strategy, no big issue.
Order 2: ETH Short, Take Profit
Order 3: ETH Short, Challenged the second level, stopped out by 1U!
Problem Point: The decline was too fast, did not monitor the market closely, missed the entry opportunity by 10U, resulting in a stop out by 0.5U!
This was a mistake!
Order 4: ETH Short, Stop Loss
Entry Logic: After a bullish candle closes, enter when the new candle breaks the previous low again.
Resulted in another V reversal, ultimately stopped out by 0.6U!
The trading strategy has no issues; it was strictly executed. However, being repeatedly stopped out by V reversals,
there's not much that can be done except to avoid trading! Rest in the morning session, wait for the afternoon session.
---------------- Afternoon Session
Order 1: ETH Short, Take Profit
Order 2: ETH Short, second level, Stop Loss!
Entry Logic: Meets the condition of two consecutive bearish candles on the 15-minute chart and two consecutive breakdowns on the 5-minute chart.
Stopped out by 0.6U!!!!!!
Order 3: ETH Short, Take Profit
Order 4: ETH Short, Take Profit, passed the second level
Order 5: ETH Short, Take Profit, passed the third level
Order 6: ETH Short, Take Profit, flat push
Record: 6 Wins 4 Losses
Profit: 40U
Profit Multiplier: 4x!
⚠️ Tomorrow, on Monday, I will start feeding you perpetual contracts + event contract strategy sharing