Here it goes! After yesterday's the worst trading day since the fund have started (w/ huge drawdown on risk management dump) today i have posted the most accurate and profitable trade. Reasons to enter long position in the last session hour were:
1) bullish divergence w/ RSI, MACD, 3/10 oscillator & $tick;
2) no $add lower low;
3) internals in favor (for the session $tick: 3t.>+1.1k w/ 0t.<-1.1k)
4) bears did try hard to push mkt to the downside but it haven't managed to reach VWAP
Fixed on sluggish volume confirmation of the upside move. Still w/ broad leading indexes and stocks participation in the fresh leg higher didn't surprised to see higher high at the last minute of the main session.
Generally, the past week was very choppy in term of my trading w/ modest plus total result and 3.5 ES points profit. The year's 7th week could be more profitable if there would be no risk management faults. However, leading system troubles were fixed and particular decisions were made.
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