Hi,
Another day to be cautious and have your discipline tested!
I had an LVN marked at 4123.25 that seemed likely to get tested as we dipped below the opening price after chopping in a tight range.
Usually, after a period of consolidation the market can rip in either direction so I was scaling out quickly to lock in my profit.
When we failed to hit the LVN and left a long wick on my PnF chart I was a little suspicious.
This was confirmed when I saw the DOW pumping as well so I exited the trade.
What happened next? (click to zoom in gmail)
![](https://www.tradacc.com/wp-content/uploads/2023/04/image-5-1024x604.png)
The market just blasted off 20 points with no looking back.
And as of this writing, the ES is at 4167!
A full 40 points above my exit price!
I sat out for the rest of the day rather than gambling long or looking to fight and join the shorts.
![](https://www.tradacc.com/wp-content/uploads/2023/04/image-6-1024x576.png)
Happy trading,
Your boy,
Korbs.