Price has rebounded as I write this to the previous VAL and is making new highs....looks like the longs from the VAL was the trade of the day and the one I should have been looking for but context was down so went with the shorts.
Risk on the first trade was minimal, second trade was same as the third trade but for some reason I elected to go BE but I immediately re-shorted just a few ticks higher and put the stop in the correct place.
This was the first time in my trading career I've taken the correct risk AND held it through the draw down to allow it to work itself out.
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