Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Jul 02 2020: Insurance company IPO
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Runner, Big Pullback
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 97 - 94
Confluence: VWAP, 3m-JL
Strike Zone: 97 - 94
Sizing (lots + emergency): 100
Risk (stop / Rs): Hold below 94 or weak tape
Review / Lessons Learned
This was A+ setup due to the heavy confluence on the daily chart, but the bounce simply didn't provide the action I was looking for, tape was way too heavy, made +0.5R but I basically scratched it.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-10 14:32:06 | LMND | buy | $98.530 | long |
| 2020-12-10 14:38:30 | LMND | buy | $97.330 | long |
| 2020-12-10 14:44:13 | LMND | buy | $98.880 | long |
| 2020-12-10 14:46:03 | LMND | sell | $99.030 | long |
| 2020-12-10 14:46:05 | LMND | sell | $98.910 | long |
| 2020-12-10 14:46:06 | LMND | sell | $98.890 | 0 |
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