Entry price – Trade 1: 56.89 Trade 2: 55.6
SL – Trade 1: 56.10 (LOD) Trade 2: 54.80
Risk – Trade 1: 79 cents Trade 2: 80 cents
Time of entry – Trade 1: 14:54 BST Trade 2: 16:34 BST
21 ADR – 3.07
Catalyst / setup – Large gap down due to credit news in super cycle sector, thought was over done, looking for a recovery. Didn’t happen but this morning opened up +6% so thesis was right but too early.
Result – Trade 1: stopped at 56.08 -100% Trade 2: stopped at 54.80 -100%
Notes – I front ran trade 1 expecting buying to come in at the open in shortly after and got stopped out shortly after. Trade 2 was textbook trade waiting for price to cross above 10 sma with bullish MACD.
Last Updated on August 19, 2026 by PeteStilgoe