ECST was definitely the trade of the day and week for me. I may have to buy MaoXian another gift (but since his Amazon wishlist has disappeared...) for dropping the knowledge in his trading for dummies lessons. Back in the day I probably would have let this go but now that I'm an educated 'dummy' I know how to catch these things. Here's the intraday chart (15 minute candles) followed by the daily:
Forget Amazon, let me give you a number where you can wire money. ;-)
Looks like your explanation of the initial stop got cut off... was it below the swing at $18.20? That would give about 40 cents of initial risk (around 2%) and you sized your position accordingly no doubt.
Looks like the end of day reward was about 7 times the initial risk (which you quickly reduced anyway). Very nicely done, "Dummy."
damn, I relly jacked up the notes on that chart. Yes, the initial stop was under those hammers.
The carrier pigeon is on the way with your Euros/Pounds. :-)