FAST Trade on Oct 15, 2019 10:29 from beno: Tradervue User Stock Trades.

Big Picture
- SPY holding above 294
- China wants another round of trade talk’s before signing deal
- Tariffs will increase if deal isn’t signed
- Formal inquiry launched for Trump impeachment (Cover-up, secret server, abuse of power)
- US released tentative plan to limit investment in China (most likely for more sway in trade talks)
- Fed extending its overnight funding Ops (QE) through January 2020
- Only two companies missed estimates so far this earnings season

Markets Intraday
- PM: SPY Consolidated between 296.60 and 297.10
- Morning: SPY trended up to 299.60
- Afternoon: SPY consolidated in 299s
- End of Day: SPY selling back below 299

Technical Analysis – Long Term
- LT Uptrend
- Made new highs on catalyst news

Technical Analysis – Intraday
- Day1: Gapped up $3 on news, made high of 36.55
- Day2 and today: Consolidation between 35 and 36

Catalysts / News
- Q3 EPS 37c compared to expected 35c
- CEO noted softness during Q2 call, stock price lowered until good results on Friday

Original Plan
Hold above 36 is bullish, long on pullback
PM trading above 35.30 level, could bounce from 35.30
If market weak, could soft gap fill

Execution Notes
Showing signs of a bullish wedge near 36 level so I longed at 31.02 for 2 lots and a 1R stop. Got stopped out 15 minutes later at 35.92.

Review
I should have waited for it to consolidate longer above 36 before entering.

Grade Questions

Did I follow my plan? (yes/no/with mods): with mods
Which modifications?: long without proper hold of 26
What justified the modifications?: bullish wedge forming
Did you hold a core position until you noticed a reason to sell?: yes
Were your executions goods? yes

Grade: C
(1=D, 2=C, 3=B, 4=A)