SHLL Trade on Jul 2, 2020 09:43 from slowelim: Tradervue User Stock Trades.

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slowelim

 

MTFA(entry, one lower than entry, two(or three) higher than entry):
1m, (No lower timeframe), 2m, 5m, 15m.
Market Cycle stage:
Stage 2 uptrend
Macro & Micro Synchronization:
Macro & Micro stage 2 uptrend (demand/greed) Synchronization.
Macro trend:
Stage 2 uptrend
Micro Trend:
Stage 2 uptrend

Essential Pattern/Super play:
1m Buy setup
Pattern Boosters(BT/TT, WRB/NRB, +/- VOLUME, EMA’s, Level (1/2) SUPPORT/RESISTANCE,
COC, RS/RW, MT, 50/100):
Trend changing turnaround bar, Wide range ending bar after extended 8 bar selling, ending micro volume into igniting micro volume, level 1 micro support/level 2 macro support, 100% retracement. 5/9 boosters, 156% boosted.

Gap direction & Rating:
L1 Gap Up
Pro/Novice:
Pro Igniting Gap.
Gap Entry:
1m time frame BS, 3BP, or Turnaround bar.
Trade management approach:
2R AON trade management approach (The most consistent and balanced trade management approach out there).
Strengths from today's trading:
We made good use of our premarket time. We went for nice jog, meditated for a few minutes and isolated the stocks that we were looking for.
Weaknesses from today's trading:
(We must be more assertive and disciplined in the future. We must say "no" to patterns that aren't part of our arsenal). Until we memorize the full definition of the given pattern, we should generally avoid trading it. Also, attempting to trade every pattern that we see is really dangerous and risky because it doesn't allow us to master a specific pattern. We don't need to be a jack of all trades. We shouldn't be a jack of all trades. We SHOULD find 1 or 2 integral patterns and master those before moving onto other patterns.
How can you improve?
We can improve by saying "no" to patterns that aren't a part of our arsenal, as this is an act of discipline and assertiveness. We can also improve in the future by focusing on the 1 or 2 integral patterns we have selected. Once we master those integral patterns we can move onto more essential patterns and add them to our arsenal.

CONSISTENCY BUILDS CONFIDENCE, PRACTICE MAKES PERFECT.


Execution detail:

Date/time Symbol Side Price Position
2020-07-02 09:43:27 SHLL sell $28.420 short
2020-07-02 09:43:54 SHLL buy $27.484 0


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