Gravatar

Shared by
Cklamb

 

PINS

Jan 20, 2021 09:44


Tags:

VWAP Resistance

I waited and watched as this lost the strength to move it much beyond the opening print. This gave in VWAP and I got short at the SMA. I was using the breaking candle as the stop giving 26 cents of risk. This does mean that the partial came out a bit early at 18 cents partially doe to the spread at the time. I showed okay patience here. But, I do have better exit rules for situations that start working like this.


Execution detail:

Date/time Symbol Side Price Position
2021-01-20 09:44:18 PINS sell $71.346 short
2021-01-20 09:44:18 PINS sell $71.346 short
2021-01-20 09:46:36 PINS buy $71.188 short
2021-01-20 09:46:36 PINS buy $71.188 short
2021-01-20 09:53:09 PINS buy $70.800 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!

View plans, Sign up for free, or Log in