today i was really really tired and i woke up this morning looking at the market very uneasy. i decided to get more rest and come back later and i did.
while i can say the zones i have marked on my charts have been working i am still have issues with hesitation.
my zones work out beautiful and i am able to see where the areas of bounces or drops are.
at this point i need to just trust my trades and identify the direction and execute.
as of recent in this market we have been selling off.
we are due for a 10% correction as we havent had one in a while.
we have FOMC this week on Wednesday.
also the president is discussing issues of war with Russia.
it may cause a further sell off.
alot of stocks are very low points.
amazon broke a support of many years it has been holding up.
we are seeing things get below the 200 sma like spy.
lets see what this week brings.
Trade#1- i saw a nice uptrend and we broke HOD- headed for the gap fill.
we had a nice gap fill until 4395. once we got to the zone of 4370 i took my entry and profit target area was the 4385 zone. trade worked out nicely.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-24 15:35:23 | 24 JAN 22 4400 CALL | buy | $5.500 | long |
2022-01-24 15:39:06 | 24 JAN 22 4400 CALL | sell | $6.500 | 0 |
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