SABR Trade on Apr 13, 2020 09:51 from slowelim: Tradervue User Stock Trades.

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slowelim

 

Trend Analysis & Price Action:
Primary Trend: consolidated trend (expansion zone).
Price action: Bearish.
Going long against bearish price action is stupid.
0/2.
Multiple Time Frame Analysis:
-Hourly chart is forming an expansion zone.
-15 minute chart is forming a downwards 3bp setup (bearish)
-long without confirmation of higher high and higher low on the 5 min chart.
-Bearish 2 min charts. Went long without significant uptrend.
0/1.
Confluence Analysis (Not 100% necessary, but good to have!):
-Didn't even analyze the hourly s/r levels.
-gap down into parabolic selling into downwards 3bp.
0/1.
Thought Process:
Our thought process for this trade was based on the 2R AON trade approach.
Our trade entry towards the long side made no sense.
We're trading within an expansion zone.
When you're trading within an expansion you just trade the running trend.
0/1.
Trade Score (out of 5):
0/5.


Execution detail:

Date/time Symbol Side Price Position
2020-04-13 09:51:06 SABR buy $5.719 long
2020-04-13 10:55:04 SABR sell $5.520 long
2020-04-13 10:55:04 SABR sell $5.520 long
2020-04-13 10:55:04 SABR sell $5.520 long
2020-04-13 10:55:04 SABR sell $5.525 0


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