GSMG Trade on Aug 26, 2021 10:08 from Thysweetplum: Tradervue User Stock Trades.

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Thysweetplum

 

Was an awesome trading, other than me trading from my bed again, on my phone, about 2 minutes after I woke up. Other than that, I stuck to my fundamentals and the trade went very well!

I didn't look at Level 2's this time (which is a no-no, I need to get used to doing that) I just looked at the chart, saw a double bottom had formed around 2.05, then after the double bottom came a big green igniting bar, followed by a bullish consolidation within the top 50% range of that bar. Those two confluences gave me enough confidence to take a trade within that consolidation, and set my stop under the consolidation. Target was near the high of the day, 2.40ish. Took profit at 2.35. 3:1 RR. Excellent trade!


Execution detail:

Date/time Symbol Side Price Position
2021-08-26 10:08:51 GSMG buy $2.200 long
2021-08-26 10:14:10 GSMG sell $2.350 0


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