VXX Trade on Jul 6, 2020 09:36 from YoungSantana: Tradervue User Stock Trades.

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YoungSantana

 

Notes on the trade: After a strong gap up during the pre-market session, I began to see if there was going to be some profit taking at the open (multiple market sell orders). As soon as the market opened I saw a lot of selling pressure so I decided that if the 5 min candle at 9:35 AM was higher than the one at 9:30 AM I was going to take a position. Once I saw the candle make the high I got in and was able to get my one to one kick but the market turned around and eventually stopped me out for a breakeven trade.

For my second attempt I did exactly the same thing, waited for weakness from the market and entered the position. My confirmation was the hammer candle at 10 AM which led to a move back to $31.40 which was previous support. Once in the money, I got my one to one and then sold a piece of my position every time I saw weakness.


Execution detail:

Date/time Symbol Side Price Position
2020-07-06 09:36:31 VXX buy $31.460 long
2020-07-06 09:40:34 VXX sell $31.580 long
2020-07-06 09:55:22 VXX sell $31.360 0
2020-07-06 10:03:20 VXX buy $31.450 long
2020-07-06 10:06:45 VXX sell $31.600 long
2020-07-06 10:23:16 VXX sell $31.750 long
2020-07-06 13:30:03 VXX sell $32.000 0


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