FUBO Trade on Jul 23, 2021 10:29 from tjmiller2001: Tradervue User Stock Trades.

Gravatar

Shared by
tjmiller2001

 

FUBO opened above a used 30m Demand zone and bounced off it in the first 3 minutes. This zone was at $26.03.

A used 15m supply zone was rejected at 9:45 and price retreated back to demand. After consolidating there around 10:12, price made a move from 25.90 to 26.20. I felt this was enough confirmation to enter long at 26.15 with a SL at 25.90 and a TP level at 27.15. This gave me a 4:1 RR.

After getting filled at 10:29, I stepped away from the computer. I planned on this being a swing trade based off SD levels, the first time not day trading the SD strategy. When I returned to my computer at 10:45, I was suprised to see price already below my stop and I got out.

Lesson Learned: Be aware of a stocks ATR before determining if you are entering a swing or day trade.


Execution detail:

Date/time Symbol Side Price Position
2021-07-23 10:29:20 FUBO buy $26.150 long
2021-07-23 10:45:39 FUBO sell $25.710 0


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!

View plans, Sign up for free, or Log in