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After I closed out my last trade, I was feeling pretty good.
My account is back in the black and I can breathe a little easier. The good thing about these super aggressive strategies is that even if you have a fairly large losing trade, you can make your money back if the next trade is a winner.
This was another Monday Trade back to the Weekly Pivot. As you will notice, there was once again an opportunity to do a double stack to both the Monday Daily Pivot and the Weekly Pivot. Considering the big hits that I took in the previous couple of losing trades, I decided to take it easy and only target the Weekly Pivot.
As you can see, price gave me a bit of a scare but it finally ended up going my way. The end result was a +4.2% gain on the account.
There isn’t anything I would change about this trade, it worked well.
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