Shared by
Mance_Trader
Conclusions:
Action:
Bought 1/2 share size on 1 min HoH for the 5 min Setup, Stop to Lower Trend-line $13.75, FPT $14.11,
Moved Stop with Trendline $13.78,
Moved Stop with Trendline $13.83,
Moved Stop with Trendline $14.04, Price Target $14.2,
Scaled Out at Price Target $14.24, Stop to BE
Stop to Previous 1 min Low,
Stop to Just Below Apex $14.19,
Stop to $14.15
Stop to $14.19
Stop to Low of Previous 5 min Candle $14.24
Stopped Out
Analysis:
I saw a Flat Top Breakout forming on the 5, and I got in early
This whole move was actually just capturing the preamble to the Breakout, a Good Capture, but a Capture only of the Preamble. If I had held through the 5 min Pullback, I could've connected my future win on CODX into a single large trade
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-26 11:48:04 | CODX | buy | $13.930 | long |
| 2020-10-26 11:48:04 | CODX | buy | $13.930 | long |
| 2020-10-26 12:00:35 | CODX | buy | $14.090 | long |
| 2020-10-26 12:00:35 | CODX | buy | $14.090 | long |
| 2020-10-26 12:06:51 | CODX | sell | $14.240 | long |
| 2020-10-26 12:06:51 | CODX | sell | $14.240 | long |
| 2020-10-26 12:17:42 | CODX | sell | $14.270 | 0 |
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