ESH1 Trade on Feb 11, 2021 07:47 from MukeshVerma: Tradervue User Stock Trades.

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MukeshVerma

 

Trade 1
Bought 4 contracts here (2 at a time)
- Monthly VWAP had almost tested +0.5sd (previous resistance point) and was subsequently climbing
- Weekly VWAP had come down to -2sd (aligned with +2sd hypo) and was subsequently climbing
- Daily VWAP had gone -ve (very fast trend) but looked like it had met some resistance (buyers were just coming in)
- OF looked like it started flattening; with a potential sign of the market turning
- TP placed around previous peak and VAL of CVA and recent highs on weekly VWAP to exit early / with minimal loss

Grade C as:
- Price and OF had not corrected at this point, so was a bit of punt - lower highs / lows (price and OF)
- No real confirmation, didn't wait for a bounce or confirming that the market condition had changed
- Added 2x 2contracts by accident (thought I was adding 2 x1 contract initially)
- SL placed below lowest low so R:R would've been poor

image

Trade 2
Bought 3 contracts here (1 at a time)
- Monthly VWAP had almost tested +0.5sd (previous resistance point) and was subsequently climbing
- Weekly VWAP had come down to -2sd (aligned with +2sd hypo) and was subsequently climbing
- Daily VWAP had gone -ve (very fast trend) but looked like it had met some resistance (buyers were just coming in)
- OF looked strong initially
- Price increase - higher highs / higher lows (supported by OF)
- Exited early as OF went flat / weak, so had less confidence in the trade - exited at previous high (also exited due to family commitments)

Grade B as:
- Initial SL placed very tight - next to the recent low (under VAL of CVA) - 1 SL triggered (but added one more contract as it went in my favour
Market rallied higher; could've got more from the market if I'd waited, particular as OF supported a move above VWAP

image


Execution detail:

Date/time Symbol Side Price Position
2021-02-11 07:47:47 ESH1 buy $3891.75 long
2021-02-11 07:47:47 ESH1 buy $3891.75 long
2021-02-11 07:47:51 ESH1 buy $3892.25 long
2021-02-11 07:47:51 ESH1 buy $3892.25 long
2021-02-11 07:57:38 ESH1 sell $3895.25 long
2021-02-11 07:57:45 ESH1 sell $3895.50 long
2021-02-11 07:58:25 ESH1 sell $3895.75 long
2021-02-11 08:04:46 ESH1 sell $3895.75 0
2021-02-11 08:16:17 ESH1 buy $3898.50 long
2021-02-11 08:45:23 ESH1 sell $3899.75 0
2021-02-11 09:16:10 ESH1 buy $3895.00 long
2021-02-11 09:16:45 ESH1 buy $3895.00 long
2021-02-11 09:22:26 ESH1 sell $3891.25 long
2021-02-11 09:28:53 ESH1 buy $3896.75 long
2021-02-11 09:48:06 ESH1 sell $3898.75 long
2021-02-11 09:54:53 ESH1 sell $3900.25 0


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