FCEL Trade on Jan 21, 2021 10:40 from grigenas: Tradervue User Stock Trades.

Video Review/Mentor Provided Notes:

• Pullback structure/depth wasn't ideal to shake out weak hands. Only a 2 bar setup for a trendline/pullback which isn't great. However price action was hugging the 9 EMA all morning and staying in the upper half of the Bollinger Bands showing strength.

(1) Trade Plan:

• Leveraging the Bollinger Bands to define the long trend trade opportunity given the 9 EMA holding and a directional slope in the Upper/Middle/Lower Bands. Entry when the pullback trendline was broken for close to a 3R trade.

(2) Overall Rating:

7/10

(3) What was Good:

• Great entry.
• Profit taking was solid.

(4) What was Bad:

• Pullback structure and depth. Needs more depth for a 76% retracement as the ideal and a Papa/Mama/Baby Bear shape.

(5) Improvement Areas:

• Look for better pullbacks.

(6) Rule(s) Broken:

• None.

(7) Stop Loss:

Was your stop loss according to your trading plan?
- Yes.

(8) Entry:

Did the entry meet the pre-trade checklist?
- Yes.
Was the entry too early? 
- No.

(9) Profit Taking:

Did you exit according to plan (Upper Band/Lower Band/Middle Band/Stop Loss)?
- Yes.
Why did you exit?
- Waited for price to reach the Upper Band of the Bollinger Bands.

(10) Psychology:

Were you patient on the entry?
- Yes.
Were you patient on the exit?
- Yes.
Did you trade the P/L (focus on the outcome not process) either retaining profits or trying to make back losses?
- No.

DAS Screenshot: