XLF Trade on Sep 28, 2021 09:36 from AtlasVanguardTrading: Tradervue User Stock Trades.

This is a pretty ugly and questionable trade. So on a daily time trade it appears that XLF is on a tear and about to break out above the $39 level which is previous all time high. I was bias going into the day and XLF never got above my level but I went full size regardless and hit the flatten button when it didn't work out in my favor. Then XLF had a beautiful and certainly short able pullback rip from my level at $39 all the way down to 38. I tried to get back in long but on days like this I need to be able to flip short and ride the wave instead of being biased. There is so much money to be made on the put side and I just come in with a bias everyday I plan. For the rest of this week I am going to make a plan for both scenarios and maybe be able to catch some bearish momentum.

This trade would absolutely be a playbook pullback trade.

What to look for:
Key breakout level ahead.
Set level.
Look for weak volume or indexes looking weak.

Short in front of the level once it shows signs of rejection.


Execution detail:

Date/time Symbol Side Price Position
2021-09-28 09:36:15 30 SEP 21 39 CALL buy $0.2300 long
2021-09-28 09:38:28 30 SEP 21 39 CALL buy $0.2100 long
2021-09-28 09:46:01 30 SEP 21 39 CALL sell $0.1800 0
2021-09-28 10:41:31 1 OCT 21 38.5 CALL buy $0.3300 long
2021-09-28 11:00:00 1 OCT 21 38.5 CALL sell $0.3000 0


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