DIS Trade on Apr 4, 2019 09:39 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

I had felt like DIS had good news this morning. However, I did not see it as quite that strong I wanted to long the in the pre market up 113.75. I felt that the news was not good enough to push it past that level.
So, it tested once and I set up for the short and was quickly stopped out at almost full risk. This was an attempt at a Gap Fade.
I had also pointed out this morning that if held this level I would like to go long. I was looking for a retest of 138.75 which never happened. At that point I held out for term reversal or gap reversal trade as I have it labeled. I got in this trade as the momentum picked up. Even though risk profile was still decent a 113.40, my tape reading indicated that I could have been in at 113.50. But, I was struggling with confidence a little bit here. I could have exited a bit earlier here. Again, the price action started picking up against the position. I covered at the start of the next five minutes bar.
This trade could have knocked it out of the park. I did wait too long for entry.
I got in again short on a slightly better risk profile this time. I should have been heavier here. The pulses to .60 were pushed back pretty quickly three or four times over the couple prior to my entry on the an acceleration to the downside. I had plenty of time to commit to 133.53ish. But. I got triggered in at 113.40. Again, momentum slowed just under .20 and I triggered out on the start of the start next candle.


Execution detail:

Date/time Symbol Side Price Position
2019-04-04 09:39:59 DIS sell $113.640 short
2019-04-04 09:39:59 DIS sell $113.640 short
2019-04-04 09:45:22 DIS buy $113.890 short
2019-04-04 09:45:22 DIS buy $113.900 0
2019-04-04 10:07:40 DIS sell $114.370 short
2019-04-04 10:10:49 DIS buy $114.182 short
2019-04-04 10:10:49 DIS buy $114.185 0
2019-04-04 10:30:39 DIS sell $114.400 short
2019-04-04 10:40:08 DIS buy $114.195 0


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