CLN9 Trade on May 17, 2019 11:01 from timdug: Tradervue User Stock Trades.

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timdug

 

PLAY: HTF CONDITION SHIFT.
Trade of the week.
Was looking for volume to come in on bid, quickly flipped to long for momentum to kick in, it wasnt there, scratched/ tight stop. As soon as this got stopped I was heightened to the short and reversed trade to short with one and done mindset. As soon as sellers came on the tape and I saw how weak the buyers were now, I relaxed into the trade. Placed scale out initially at DVAH, PVAH and DVWAP. Then in the context of the size of the SDD ++AND++ the rejection of the HTF M+2, I had the concept of a larger sell off from this area. This is what we got and I moved my initial scale out to below DVAH/Prior weeks hi 63.52.
Let the trade run well with momentum belw this to HTF FOE M+1 for final clip.

I am like a proud father of the FE:MAE on this trade and that I took the full MFE out.


Execution detail:

Date/time Symbol Side Price Position
2019-05-17 11:01:18 CLN9 sell $63.71 short
2019-05-17 11:01:18 CLN9 sell $63.71 short
2019-05-17 11:01:18 CLN9 sell $63.71 short
2019-05-17 11:15:54 CLN9 buy $63.52 short
2019-05-17 11:16:47 CLN9 buy $63.46 short
2019-05-17 12:01:29 CLN9 buy $63.14 short
2019-05-17 12:05:56 CLN9 buy $62.96 0


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