UPS Trade on Jul 30, 2020 10:22 from gtichauer: Tradervue User Stock Trades.

Pullback to 8sma 2M

Open Type - Super Gap Up on Day2.

R2T - Due to extended Gap, the expectation was a move lower early to digest profit taking, but it quickly got rejected and move higher to new intraday High. Potential Trend Day / Gap & Go.

Trade Management - After new Intraday High and a sharp but ordered pullback I got long > last bar high, repeating same risk management. Partial at 1R and rest at 2R.

Targets / R's: +1.7R

Comments

Positives: Good execution. Was focused to re-enter.
Negatives: Partial too early as stock was strong. Should give more room. Did not pull the trigger after for 3°, 4° and 5° entry opportunities.

MFE Review

Intraday: +8.3R
Weekly: -
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Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-30 10:22:18	UPS	buy	$139.340	long
2020-07-30 10:29:36	UPS	sell	$140.220	long
2020-07-30 10:35:40	UPS	sell	$140.935	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UPS&trade=18083350&end=20200730113140&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UPS&trade=18083350&end=20200730130040&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UPS&trade=18083350&end=20200730160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UPS&trade=18083350&end=20200829&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Rawtradez

2020-08-01 00:45:48

Wow! What a beautifully executed trade! Literally text book trade. And that 2min chart, a thing of pure beauty!! Lol! Nicely done sir

gtichauer

2020-08-01 02:16:44

Tks bud !! Wish all of them were so straight fwd !!!

UPS Trade on Jul 30, 2020 10:22 from gtichauer: Tradervue User Stock Trades.

Pullback to 8sma 2M

Comments

MFE Review

Comments

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