Shared by
Relytllc
[IDEA] Play: TTMMFI
Opening drive play based off selling or buying pressure out of the open failing initial move and reversing. Trade compressed due to open volatility.
[EXECUTION]
Trigger 1 confirmed selling pressure on open
Trigger 2 confirmed buying pressure reverses price action
Level S1
Size: 500 (2 attempts)
[MGMT]
Target Level: Premarket Level, reached
Hard stop: .10
Notes
Could have added .10 by letting stop work on fist attempt. Could have let this run until overbought pressure came in.
Report Card
B | Entry and
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-05-17 08:32:26 | AMD | buy | $27.880 | long |
| 2019-05-17 08:32:58 | AMD | sell | $27.880 | 0 |
| 2019-05-17 08:34:23 | AMD | buy | $27.965 | long |
| 2019-05-17 08:34:23 | AMD | buy | $27.965 | long |
| 2019-05-17 08:34:23 | AMD | buy | $27.970 | long |
| 2019-05-17 08:34:23 | AMD | buy | $27.970 | long |
| 2019-05-17 08:34:23 | AMD | buy | $27.970 | long |
| 2019-05-17 08:34:23 | AMD | buy | $27.970 | long |
| 2019-05-17 08:37:50 | AMD | sell | $28.173 | 0 |
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