Trade Planning:
- Daily Chart: Downtrend, Consolidation below recent lows.
- TTM Squeeze: 30m
- Earnings Date: 1/22-
Reason For Entry:
- Playing the 30min chart. XLNX is in a pattern of consolidation above recent lows. XLNX gapped up in the morning and I purchased at the buy zone (between 21ema and top Bollinger Band) in for a small position (1/5 size normal position).
Reason For Exit:
- XLNX closed the gap below and took a quick profit.
Recap:
- This was a small and quick day trade. Followed my rules and came out with a nice small win.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-11-22 09:33:09 | 22 NOV 19 91 PUT | buy | $0.4900 | long |
2019-11-22 10:30:53 | 22 NOV 19 91 PUT | sell | $0.6000 | 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!