TLT Trade on Apr 20, 2020 16:19 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: Daily
- Earnings Date: n/a

Reason For Entry:
- Playing daily chart. TLT is in a pattern of consolidation below ATH. TTM in a squeeze on daily. Scaled in a starter position at the 8ema level (risking .75% of portfolio). Leaving room to avg down if needed. Looking for a move to ATH.

Reason For Exit:
- TLT gapped up and closed the trade for a 50% win.

Recap:
- The initial entry was a small size given that price was just above the buy zone (8ema) and gave myself room to add to the trade if price would fall. The exit was just above the fib 78.6% level. I gave the trade some time after the open to see if it would run, after price consolidated I closed the trade for a nice 50% win.