I entered this trade on a 60 min demand level, with entry placed at 1848 because that is where the unfilled buy orders would be if they existed. Price tested this level a couple of times, this morning but never dropped below 1848. This was a rather aggressive trade especially since I shorted ES this morning from 1858.75 for a 7pt scalp, but my risk was very small and I already made some money today so I decided to take a small risk and go for it.
PT 1 - 1849.50 (50% of position) 1:1
PT 2 - 1854 (25% of position) 4:1
PT 3 - 1862 1 runner still live
I'm pretty solid on the DBD/RBR entries at RVM. I am working on using the unfilled levels at the supply/demand levels for entries as they often have less risk and provide moves down to the opposing level.
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