MRK Trade on Oct 1, 2021 11:17 from TheFrenchTrader: Tradervue User Stock Trades.

Entry on the 5 min chart for a VWAP reversal trade, the entry was too early though as i did not had the confirmation of the reversal yet.
Then the price dropped to $81.3, my profit target was just below $81 which was a support level since the open.

The price did not reach my profit target and bounce back in a flash signalling a bullish momentum. I waited a few minutes as there were indecision on the 1 & 2 min chart, however i should have checked the 5 min chart. Cut the trade for a small 10cents loss per shares.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-10-01 11:17:17	MRK	sell	$81.730	short
2021-10-01 11:36:13	MRK	buy	$81.830	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MRK&trade=35660248&end=20211001140113&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MRK&trade=35660248&end=20211001130013&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MRK&trade=35660248&end=20211001120013&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MRK&trade=35660248&end=20211031&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

MRK Trade on Oct 1, 2021 11:17 from TheFrenchTrader: Tradervue User Stock Trades.

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