Shared by
KirillMorozov
HYPO: monthly -bullish sentiment, weekly - more rotational, DVA was up, OF positive.
Overnight was inbalance up 0.5 SD rhythm, took trade to continue towards 2 SD.
Immediately stopped out.
Mistakes:
Bulls were losing control, rolling over highs, OF highs trending lower + Divergence OF+Prices.
Weekly looks rotation 2SD on weekly very close - poor reward.
Most of the day market was over VWAP, all stops should be concentrated under recent low - as mine. Probably worth try STOP-REVERSE technic
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-02-11 09:50:29 | ESH1 | buy | $3916.25 | long |
| 2021-02-11 09:51:06 | ESH1 | sell | $3913.75 | 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!
MY ES HYPO• Monthly VWAP – General bullish momentum. Current rhythm seems to be around +1.sd. VWAP line has been aggressive but maybe looks like slowing?
• Weekly VWAP – Bullish momentum on weekly. Current rhythm see like it’s trying to go rotational +/- 2sd. VWAP line has flattened out in comparison to previous week. Currently trading way above previous week’s trading zone.
• MP – General migration has been up. Last 3 days seems to have balanced out. Have merged these days.
• O/N – Currently 3hr before open – Imbalanced up fast trend.
• Rhythm Daily/DVA – TBC
• OF – Currently positive around +2500 contracts
• LIS –
o PVAH 3907 – See how price interacts with this region. Could act as support for move higher. Go long target +2sd – stop just below daily VWAP.
o PVAL 3892 – If price breaks below PVAH, look to short but we wary of POC. Maybe target before this not below as price could retrace from here back up.
• Plan
o Keep an eye on weekly VWAP as could be going rotational.
• Monthly still looks bullish but VWAP looks like It could be flattening out