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Shared by
Dan619

 

NBY

Mar 19, 2020 11:05


Tags:


  • Nice entry on the breakout and micro pullback on the 5-min chart.
  • Patiently waited for a squeeze/trap for short sellers.
  • Noticed the opportunity as price action started to bounce back and volume increasing from bulls buying in and either early short traders locking in profits or late short traders getting squeezed from the trap play.
  • I was satisfied with this trade overall.
  • I played it perfectly on the entry and partially locking in some profits and letting the rest run for more with stop loss at breakeven.

Execution detail:

Date/time Symbol Side Price Position
2020-03-19 11:05:00 NBY buy $0.9250 long
2020-03-19 11:05:00 NBY sell $0.9451 long
2020-03-19 11:12:00 NBY sell $1.280 0


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