Trading Recap 25-May-2018

Didn't place any trades on Thursday so I didn't see any point in writing something. Yesterday though I was prepared for $CHCI (which was a disappointment as it didn't even give a good bounce - only late in the day) and for $VTGN which didn't actually give any of my setups that I was looking for but I was pretty confident in the trade idea and I took the lower high short.

A nice win on this one, I wanted to see this test 1.80 again after the market opened but it couldn't it was just to heavy and I didn't go in in the 1.70s due to fear of being squeezed so I let things settle down and I entered when the downtrend was pretty clear. Due to my far-from-optimal entry I wasn't too patient with it and I took half my position into the first washout under the key 1.50 level and then I added on the bounce to 1.50 and then I took the entire position off when 1.50 held. I need to work more on my entries.

Have a great weekend!