DIS Trade on Sep 24, 2019 13:26 from Cklamb: Tradervue User Stock Trades.

DIS
Intraday Fundamentals
• Technical play, coming off support of recent channel
Technicals
Daily

Hourly

Intraday
Trading Strategy
• Long 133 at the open if it holds
• This coming of the bottom of it’s recent range
Reading the Tape
I floated on this for a while. I watched as it looked like 112.75 looked to be holding and strongly at the time. The price started to hold .78 and .79. I did see a couple larger bidders in the lower .50s
One the second trade, I watched the some two bidders float and took the trade under those tow bidders.
Trade Management
• I had a long planned at 133 that I had missed in morning session under the thesis that it was coming off the bottom of it’s recent trading range on the daily.
• I started following this after a break and it started to test 132. I decided to look over the the other time frames and decided to wait for a 15 minute looking for either a smaller bear candle or something with a long wick. At 1100 MST, I moved into a 3 minute
• A smaller lot on the first trade would have allowed a deeper stop.
• The second run with only 7cents need to have 3 x the size to match the risk of the of the first trade.
• I am excited that I had the focus and presence of mind to watch the tape and take the trade that offered easily 3 to 1.
• With some minor adjustment to the exit and the partial would have made this easily the best trade I have done.