$SPX Trade on Feb 7, 2022 10:35 from srosas13: Tradervue User Stock Trades.

Situation SPX was testing the vol trigger at 4520 and a supply zone on the es I wanted to let it test the supply level and see if the buyers took over. I saw no aggressive buyers stepping up and decided to enter the rejection of the vol trigger for a possible push back to 4500.

Self-Talk Once I entered the trade buyers started to pin the bid at 4510 on the es with the supply sitting at 4515. This pin makes it easy to define risk and exit the trade on a break to the upside but is also risky because buyers are forming on the bid below me. Mentally I began wanting to give this trade a short leash but stuck with it because none of those buyers on the bid were stepping up hitting the offer aggressively. After some consolidation for about 5min the buyers stepped off the bid on es and the levee broke giving an aggressive flush to 4495 on es and from 4520 to 4505 on the spx. Once I got the convexity on the aggressive move down I exited the trade right as it entered a consolidation.

Coach-Talk Great spot and recognition of the situation. I got weary when bids started slightly building against me but hung in the trade because non of the buyers on es bid were acting with aggression. Once those buyers stepped off the bid I got the push I needed for a 1.7R trade.
1. Size I was properly sized for the trade.
2.Entry Entry was at the nonacceptance of the 4520 vol trigger good entry.
3.Exit Exit was a playbook exit on the pushdown and convex of my contract. I exited my full size because I was not sized high after being up for the day.