Shared by
beno
Fundamentals
-Float = 42M
Catalysts / News / Painting the picture
-Jan 04 2020: No news to justify move
Technical Analysis
-SPY pattern: Bear Flag
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade First Test long of 1.45 level
Confluence: 1m-JL
Strike Zone: 1.5 - 1.35
Sizing (lots + emergency): 1000
Risk (stop / Rs): Hold below 1.45
Review / Lessons Learned
Would have been A grade if this set up 1 hour earlier, not enough time left in day for this to be A grade now. Took 1 lot on a violent pull but sellers in 1.5's kept reloading so scratched it for small +0.25R win
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-04 15:46:16 | CHEK | buy | $1.430 | long |
| 2021-01-04 15:46:16 | CHEK | buy | $1.430 | long |
| 2021-01-04 15:46:16 | CHEK | buy | $1.430 | long |
| 2021-01-04 15:49:55 | CHEK | sell | $1.480 | long |
| 2021-01-04 15:50:01 | CHEK | sell | $1.480 | long |
| 2021-01-04 15:50:01 | CHEK | sell | $1.480 | long |
| 2021-01-04 15:50:01 | CHEK | sell | $1.480 | long |
| 2021-01-04 15:51:12 | CHEK | sell | $1.430 | 0 |
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