KXIN Trade on Oct 19, 2020 09:51 from Mance_Trader: Tradervue User Stock Trades.

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Mance_Trader

 

Conclusion: Mind the Volume, Volume Must be Low for Pullbacks

Conclusion: When Price Breaks Above Resistance, then quickly falls back below it, sell immediately (as resistance has held), don't wait for your Stop

Bought 1 min HoH, Stop to Low of Pullback $4.50, FPT to $5.50
Stopped out at Low fo Pullback

Price Crossed $5 resistance, then fell below in the same 1 min candle

Volume was High, and Top and Bottom Tails were Long on the 1 min Red Pullback Candle. This was not a good entry indicator.


Execution detail:

Date/time Symbol Side Price Position
2020-10-19 09:51:55 KXIN buy $4.880 long
2020-10-19 09:51:55 KXIN buy $4.850 long
2020-10-19 09:53:03 KXIN sell $4.480 0


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