Shared by
KirillMorozov
MY DAILY HYPO WAS: "PROBABLY WE SEE A BEGINNING OF A CORRECTION. BASE CASE -IMBALANCE DOWN – MINDFUL OF LEVELS BELOW OTHERWISE SEE SIGNS OF ROTATIONAL PLAY"
Was playing in line with HYPO, again ascending VWAP spooked my trade.
THOUGHTS AND MISTAKES:
1. Lack of patience
2. Missed opportunities
Same later on.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-02-09 14:32:13 | ESH1 | sell | $3911.25 | short |
| 2021-02-09 14:38:18 | ESH1 | buy | $3911.50 | short |
| 2021-02-09 14:47:24 | ESH1 | buy | $3911.25 | 0 |
Comments
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!
OBJECTIVE OBSERVATIONS:
MONTHLY ENVIRONMENT: imbalance up (1st dev) accelerating to 1,5 SD Trying to stretch towards 2 SD.
Market seems stretched but has strong momentum up. Base case momentum to continue until 2 SD 3940, or to reverse.
WEEKLY ENVIRONMENT: imbalance up shift from 0,5 sd rhythm to 1,5 sd with some signs of consolidation last prior week VAH. Consolidation need to resolve it any direction.
PRIOR WEEK value area: outside VA stretching toward 2 SD (3765-3870)
VALUE MIGRATION: up (each recent day form own value above previous ones and trade rotationally)
ACTUAL MARKET PROFILE (CVA): 3820-3835 outside
MIND MEANINGFUL LEVELS: 1855 (3885, prev day VPOC, PRIOR CVA VAH, 1840(cva vpoc))
OVERNIGHT: IMBALANCE DOWN
DEVELOPING VALUE AREA: DOWN
OF: NEGATIVE
SUBJECTIVE ASSUMPTIONS:
HYPO: PROBABLY WE SEE A BEGINNING OF A CORRECTION. BASE CASE -IMBALANCE DOWN – MINDFULL OF LEVELS BELOW OTHERWISE SEE SIGNS OF ROTATIONAL PLAY
BASIC PLAN SELL DOWNSIDE RHYTHM TARGETING TO LVLS BELOW (VPOC, CVA, WEEKLY VAH, ETC)