GENE Trade on Jan 21, 2021 09:38 from VadimT7: Tradervue User Stock Trades.

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VadimT7

 

All higher timeframes including the 10, 5, 3-min are on a red candle, except the 1-min; this already invalidates the trade in itself.


If entering a trade respect a stop-loss and don't sell until the price goes higher OR reaches the SL.


If exited (which mustn't have), wait for the consolidation breakout and enter then. In this case, on the breakout, the stock ran another 50 cents.


In the PM, it broke the 5-12 EMA cloud and lost momentum and will continue lower until gets back into momentum.



TIP: Trade stocks that are above 5-12 EMA cloud for momentum.


Execution detail:

Date/time Symbol Side Price Position
2021-01-21 09:38:16 GENE buy $6.910 long
2021-01-21 09:39:27 GENE sell $6.900 0


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