MESM2 Trade on May 25, 2022 13:24 from colliera15: Tradervue User Stock Trades.

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colliera15

 

This was a George and Gale, I had a nice show of rhythm here and volume started piling in, which began to prove my thesis quite well. I effectively got in at market which is unlike me but it made sense here as it was a previous swing low. An important not is that the market fell dramatically 3 points in one second, EXTREME volatility for the session. I concluded that it MIGHT be excess and I ended up being right, that engulfing red candle became a hammer and the market pushed hard towards the upside. My target was at and just above a sing high that was visited thrice in the past 30 minutes, yet the market refused to make lower lows continuously, in these kinds of trades an aggressive breakout would be very possible considering the fact that most shorts would have stops just above this important swing. I moved my target too quickly, should have held out a bit longer. Got out after an aggressive rejection that only lasted a moment, I need to work on my patience.


Execution detail:

Date/time Symbol Side Price Position
2022-05-25 13:24:27 MESM2 buy $3940.25 long
2022-05-25 13:29:20 MESM2 sell $3947.50 long
2022-05-25 13:29:55 MESM2 sell $3947.75 0


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