S&P 500 Short — 2024-01-25

1/25/24 #SPX SELL Setup This trade was based off of time of day, and in the afternoon the market pretty much came to a halt and slowed down for all the rest of the trading day until we got close to the close. I was pretty much looking for a trade to win back my loss and that was pretty much it. But as soon as I got in the market, it seemed as though once my Trey was in the market just stopped, so I was really just looking for 1:1, and I ended up getting about a 2:1.

I made back what I lost and I also was able to get a bit more off of the trade. I was down 3.8 and I end up covering that 3.8% to end the day up 5.39%.

Entry:4878.90, 4882.01 SL: 4888.52 Targets: 4875, 4869, 4859.60 Risk off: 4875

Good: Good part about this trade Was that I made back my money loss for the day, and I was able to close out in a bit more profit as well. I was confident about taking the trade Once I saw that, I was not making new +FVGs on the LTF.

Bad: Nothing bad to say about this trade, because all of my rules were followed, I closed out at my target, partialed at my target, and moved my stop to trail as I should. The only thing I can say is that my initial set up did play out and I could have stayed with my original bias on this trade, but I would have to have been more patient on the set up