FLAG__ This is FOMO too cuz I shoulda waited 25-30 minutes til 10:40/45 to allow MAs to catch up. Also-MB waits for 3 or 4 bars of consolidation, this one barely 2.
Wait for perfect setups!!!
From_ % Gainers
EMA's-Direction & details: UP!!! BUT, my entry is too far away.
Time Frame Alignment: the area of my entry was a level in late JAN + it lines up with the downtrend line on the weekly
Volume: 1.8m
Market action-Spy-Sectors-stock: a choppy day overall mostly within yesterdays range
S&P +0.3% Nasdaq+0.8% Energy down, Healthcare and Bios up a little
Stop: 63.97
Target: 64.97
R/R: 54/146
Are Stop/Target proper: y
The Good:I had the patience to hold til the MA's caught up, tho I was getting ready to call time (my impatience was clouding my ability to see the perfect entry approaching=an area to improve)
2B Improved: I need to get back to taking partials...this ran another point and a half. I used to hold these and need to get back the confidence (or jedi mind tricks) to hold them longer-even with tiny shares at first to build the muscle).
Other Notes: WAIT FOR THE SETUP!!! I may have entered a few pennies lower than I would have on a entry closer to the MA's, but I also might have been able to hold longer cuz I wouldn't have expended the mental capital waiting for this to work.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-08 10:08:08 | TGI | buy | $64.240 | long |
2015-04-08 10:08:08 | TGI | buy | $64.240 | long |
2015-04-08 10:51:13 | TGI | sell | $64.970 | 0 |
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!