AMD Trade on Mar 27, 2019 11:05 from ephraim_elston: Tradervue User Stock Trades.

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ephraim_elston

 

B Setup... A+ Trade MGMT = ONE GOOD trade
The picture perfect setup for resistance play was at 25.30/40's... but I missed that because I was already short and didn't have any more risk to add.
But finally when price got back down to 25 and sellers just kept refreshing on the offers below VWAP... I took a starter short..
And then when it broke 25 on volume I added... and then I added another tier on the first lower high.
So although I missed the first half of the move... I caught the 2nd half and managed it well... used 30m chart to find next support level and also figured measured move from 25.4 -? 25 would be around 24.60's.
Trade worked out well.


Execution detail:

Date/time Symbol Side Price Position
2019-03-27 11:05:53 AMD sell $24.990 short
2019-03-27 11:12:20 AMD sell $24.950 short
2019-03-27 11:23:59 AMD sell $24.900 short
2019-03-27 11:33:05 AMD buy $24.730 short
2019-03-27 11:36:00 AMD buy $24.700 short
2019-03-27 11:45:43 AMD buy $24.640 0


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