I got to my desk a little early. I had checked in earlier and saw we were balanced. So after dinner I came up and I saw we had closed the gap above and that NQ & XLF looked bearish, and odds of an inside day are low so I figured I’d play for a new low. I picked a low-risk entry and got short. It look a lot of patience but I was able to stay in. My target was yday low which was also Friday high. It touched my target 3 times and I still didn’t get filled. It took a lot of willpower to stay in but I did, mostly due to NQ dropping like a rock. I was in my trade over 45 minutes and thought I’d have a reasonable position in the queue. I finally got filled and ES continued lower to the next target which was the gap fill.
I’m doing 1 lot now until I get some more statistics and once I’m confident about my edge and have consistency, I’ll add the second contract and be able to go for extended targets.