Shared by
beno
Fundamentals
-Float = 1.3M
Catalysts / News / Painting the picture
-Dec 11 2020: Agrees to Combine with Fog Cutter Capital Group
Technical Analysis
-SPY pattern: Bowl
-Intraday pattern: Parabolic Fade
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: A+ grade Distribution (low float + volume fade)
Confluence: N/a
Strike Zone: 8.1 - 8.25
Sizing (lots + emergency): 1000
Risk (stop / Rs): Hold above 8.2l
Review / Lessons Learned
Best distribution trade to date, made +11R after borrows.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-11 10:57:58 | FAT | sell | $8.199 | short |
| 2020-12-11 10:58:56 | FAT | sell | $8.200 | short |
| 2020-12-11 11:01:17 | FAT | sell | $8.150 | short |
| 2020-12-11 11:02:16 | FAT | buy | $7.530 | short |
| 2020-12-11 11:02:18 | FAT | buy | $7.530 | short |
| 2020-12-11 11:02:22 | FAT | buy | $7.730 | short |
| 2020-12-11 11:02:30 | FAT | buy | $7.746 | short |
| 2020-12-11 11:02:35 | FAT | buy | $7.838 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!