20170628 Trading 10 tick loss

1. 10 tick loss from trading from stop loss.
2. Entry point 21377. Target 21397. Stop Loss 21367.
3. Initial stoploss was 21370 for 7 tick stop loss but allowed to drag until 21367.

Reason for Entry: Linebreak chart show good entry point.

Reason for Failure: Longer term chart does not show promising result and tend to be opposite in nature. The move ended up 30 ticks lower which was bad for the trade. However it moved back up in the end for more than 50 ticks profit.

Lesson: Should wait for move to complete before entry. Look out for longer term chart to pinpoint the exact turning point and the barrier/resistance for 10 range chart with the SMA of 100.