SPY Trade on May 27, 2020 10:50 from dpaleo: Tradervue User Stock Trades.

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Shared by
dpaleo

 

Shares traded: 3000
Closed Gross P&L: $1558.00

Tags:

Bottom Pick ETF

Only bot 1k shs at $297 which was mistake. Was obvi a high probability low (extended, candle expansion, volume increase, and high -TICK).


Execution detail:

Date/time Symbol Qty Price Position
2020-05-27 10:50:25 SPY 300 $297.110 300
2020-05-27 10:50:25 SPY 100 $297.110 400
2020-05-27 10:50:25 SPY 100 $297.110 500
2020-05-27 10:50:25 SPY 100 $297.100 600
2020-05-27 10:50:25 SPY 100 $297.110 700
2020-05-27 10:50:25 SPY 300 $297.110 1000
2020-05-27 11:02:31 SPY 92 $298.050 1092
2020-05-27 11:02:31 SPY 200 $298.050 1292
2020-05-27 11:02:31 SPY 8 $298.050 1300
2020-05-27 11:02:31 SPY 100 $298.040 1400
2020-05-27 11:02:31 SPY 100 $298.050 1500
2020-05-27 11:11:00 SPY -100 $298.470 1400
2020-05-27 11:11:06 SPY -100 $298.520 1300
2020-05-27 11:11:10 SPY -100 $298.520 1200
2020-05-27 11:11:10 SPY -100 $298.520 1100
2020-05-27 11:11:10 SPY -100 $298.520 1000
2020-05-27 11:11:10 SPY -100 $298.520 900
2020-05-27 11:11:10 SPY -100 $298.520 800
2020-05-27 11:11:10 SPY -100 $298.520 700
2020-05-27 11:13:18 SPY -700 $298.400 0


Comments

2020-05-29 01:30:49
 

what do you quantify as extended on the SPY?

2020-05-29 01:32:01
 

sorry didn't finish my last comment haha. SPYs ATR is ~6 so i'm guess when it reaches around 6 on no news and short amount of time would quantify as extended?

2020-05-29 08:28:11
 

yea 3 points straight and 5 points from open would qualify. there are diff elements that go into it but mostly distance/time. If its grinding and taking a while to move 3 points then a lot less attractive to contra. But here it was relatively quick and the last 5 min candle was the biggest and into a level i likes which gave me more confidence.

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