Europe was closed today and we saw ES trade in a small range with very slow choppy trade. ES pushed down into my 1327.50-1329.50 level where i tried for a long and was stopped out for - 6 ticks. The market reacted as i expected today by balancing in a range before and after the figure release. I was stopped out with a 6 tick stop and a 8 tick stop would have kept me in the trade. I think the slow choppy trade is what got me stopped out because that set up on any other day similar to this context would have worked out just fine. A little frustrating but i continue to move on. perhaps i should have had a 2 point stop. I don't see what else i could have done to make that trade profitable other than a bigger stop. I had well defined entry point in a good area of support with the buyers in control and at good support. perhaps my level was off a little bit. 1327.50 was the MCVPOC so maybe a test of this would have given a better entry point...
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