AAPL Trade on Jul 31, 2019 06:45 from WolfOfPort: Tradervue User Stock Trades.

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WolfOfPort

 

After large move to the upside I was watching AAPL for a short. The 1 min had a clear resistance trend line for most of the morning until it broke out to the upside in a sharp move. This resulted in a overbought extremity and often these set ups will see a bit of a rollover soon after. I waited for that rollover to begin first, then looked for a short on the 9:45am 1 min candle. I got in short for 300 shares when I saw that candle make its high, then began to turn around back around speculating this rollover would happen. My stop was above 221.

I took profit just above the round number of 220, then added back when we broke through.I continued this as it broke lower and lower trading the move all the way down to the 10:04 candle.

The time stamps are in my local time zone. 6:45 is 9:45am NY in this case.

Tried to set up the charts to see this trade but 1min is delayed probably cuz i dont pay for gold

I suggest checking out this 1 min set up on your own chart as that trendline extreme breakout is a great trade to look out for. I typically wait for at least 1 red candle close and a stop somewhere above the high.


Execution detail:

Date/time Symbol Side Price Position
2019-07-31 06:45:14 AAPL sell $220.510 short
2019-07-31 06:48:55 AAPL buy $220.070 short
2019-07-31 06:50:31 AAPL sell $219.870 short
2019-07-31 06:53:16 AAPL buy $219.520 short
2019-07-31 06:58:21 AAPL buy $219.720 short
2019-07-31 06:59:39 AAPL sell $219.110 short
2019-07-31 07:03:08 AAPL buy $218.920 short
2019-07-31 07:04:10 AAPL sell $218.830 short
2019-07-31 07:04:57 AAPL buy $219.220 0


Comments

2019-07-31 14:35:50
 

PnL was $282 trading 300 shares, taking profit of 100 or 200 shares, then adding back to that 300 share size. Not sure why its not showing my quantity.

2019-07-31 16:17:17
 

you need to gold member

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