Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: Daily
- Earnings Date: 11/29-
Reason For Entry:
- CPB entered my buy zone and entered at a 1/5 size position. CPB is in a pattern of consolidation below recent ATH. It is in a daily squeeze and looking for a move into earnings at the end of Nov.
Reason For Exit:
- TTM fired short. Trade was no longer valid.
Recap:
- Nice entry as price hit the buy zone and chart showed a nice base in the consolidation. Should have exited earlier when TTM Fired short (trade was no longer valid). Small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-11-04 11:48:47 | 20 DEC 19 46 CALL | buy | $2.050 | long |
2019-11-08 13:52:12 | 20 DEC 19 46 CALL | sell | $1.870 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!