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Shared by
beno

 

CAN

Dec 31, 2020 13:55


Tags:

Confluence-1mJL Confluence-Whole$ Emergency Add First Test IB Intraday Frontside LIVE Scalping Scratch Swing Frontside

Fundamentals

-Float = 131M

Catalysts / News / Painting the picture

-Jul 28 2020: Running with Bitcoin price

Technical Analysis

-SPY pattern: Afternoon Runner
-Intraday pattern: Bull Flag
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: B grade First Test long of 6
Confluence: Whole $, 1m-JL
Strike Zone: 6 - 5.8
Sizing (lots + emergency): 2000
Risk (stop / Rs): Hold below 5.8

Review / Lessons Learned

Went below my strike zone to 5.7 and bounced right off of VWAP, though it was too risky to hold on when I can scratch it and the price had just made an unexpected weak move. Right call would have been to hold for the 6 reclaim but that's hindsight, simply got in too early and couldn't risk seller stepping back in


Execution detail:

Date/time Symbol Side Price Position
2020-12-31 13:55:15 CAN buy $6.045 long
2020-12-31 13:55:15 CAN buy $6.048 long
2020-12-31 13:55:15 CAN buy $6.050 long
2020-12-31 13:55:15 CAN buy $6.050 long
2020-12-31 13:55:15 CAN buy $6.050 long
2020-12-31 13:56:14 CAN sell $6.110 long
2020-12-31 13:56:47 CAN sell $6.050 long
2020-12-31 13:56:47 CAN sell $6.050 0
2020-12-31 14:36:56 CAN buy $5.960 long
2020-12-31 14:36:56 CAN buy $5.970 long
2020-12-31 14:36:56 CAN buy $5.970 long
2020-12-31 14:36:56 CAN buy $5.970 long
2020-12-31 14:36:56 CAN buy $5.970 long
2020-12-31 14:39:35 CAN buy $5.900 long
2020-12-31 14:39:35 CAN buy $5.900 long
2020-12-31 14:39:35 CAN buy $5.900 long
2020-12-31 14:39:35 CAN buy $5.900 long
2020-12-31 14:39:36 CAN buy $5.920 long
2020-12-31 14:44:58 CAN buy $5.740 long
2020-12-31 14:45:00 CAN buy $5.750 long
2020-12-31 14:45:00 CAN buy $5.750 long
2020-12-31 14:45:00 CAN buy $5.750 long
2020-12-31 14:45:26 CAN sell $5.850 long
2020-12-31 14:45:26 CAN sell $5.850 long
2020-12-31 14:45:26 CAN sell $5.850 long
2020-12-31 14:45:26 CAN sell $5.840 long
2020-12-31 14:45:26 CAN sell $5.840 long
2020-12-31 14:45:26 CAN sell $5.840 long
2020-12-31 14:46:11 CAN sell $5.855 long
2020-12-31 14:47:17 CAN sell $5.860 long
2020-12-31 14:47:17 CAN sell $5.860 long
2020-12-31 14:47:17 CAN sell $5.860 long
2020-12-31 14:47:17 CAN sell $5.860 long
2020-12-31 14:47:17 CAN sell $5.860 0


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