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beno

 

MARK

May 12, 2020 12:15


Tags:

Confluence-Gap-Fill Confluence-PriorClose FT-15 HTB Intraday Backside LIVE Lessons Learned Scalping Swing Frontside

Fundamentals

N/a

Catalysts / News / Painting the picture

-May 11 2020: Speculation about getting business from Frontier Airlines

Technical Analysis

-SPY pattern: Fade
-Intraday pattern: Parabolic Fade
-Levels: 1.6 (SSR), 2, 2.5

Strategy / Confluence / Sizing Guide / Risk

Strategy: FT-15 long of 1.95 by 1.85
Confluence: Gap Fill, Prior Close
Strike Zone: 1.95 - 1.85
Sizing (lots): 5
Risk (stop / Rs): Hold below 1.80, Prior close at 1.78 so quick test wouldn't invalidated the trade

Review / Lessons Learned

This was a good trade but I didn't get to my pre-defined size of 5 lots, only got 3!

Lessons Learned: Always get to pre-defined size!


Execution detail:

Date/time Symbol Side Price Position
2020-05-12 12:15:15 MARK buy $1.970 long
2020-05-12 12:16:21 MARK buy $1.940 long
2020-05-12 12:16:21 MARK buy $1.940 long
2020-05-12 12:17:05 MARK buy $1.920 long
2020-05-12 12:20:06 MARK sell $2.010 long
2020-05-12 12:20:17 MARK sell $2.010 long
2020-05-12 12:20:42 MARK sell $2.030 long
2020-05-12 12:21:02 MARK sell $2.030 long
2020-05-12 12:22:12 MARK sell $2.020 long
2020-05-12 12:22:12 MARK sell $2.020 long
2020-05-12 12:23:37 MARK sell $2.040 long
2020-05-12 12:24:39 MARK sell $2.083 long
2020-05-12 12:25:05 MARK sell $2.073 long
2020-05-12 12:26:16 MARK sell $2.050 long
2020-05-12 12:26:16 MARK sell $2.054 0


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