****PLAN
Max loss for day $125
trade max loss $125 (didnt get any where near full size)
no trades past 7:45, if havent made money after 4th trade then leave
****REASON TO SELL
- SPY an QQQ both showing reversal after big moving days
- vwap rejection
-low volume
-after a double top
-sma an 200 sma above
-sma cross vwap on retest of vwap
-near PM low structure
-vwap at whole #
- weak offer an weak tape
- clear rejection into Pm HIGHS flushing longs out hard
****REASON TO buy
-look to sell on clear weakness of the tape, if a certain price gets heavy an slows down, an buyers picks up on tape ****
-clear rejection to hold below a certain area/ number for continuation an shows constant buyers stepping in at .40 showing failure to brk thru .40
-3:1 ratio profit targets
- take profit at key levl
- turn of QQQ or SPY
- bEARISH REVERSAL PATTERN or candle stick pattern or brk an hold above key levl or area that shows the stock will reverse
- rejction into demand zone/ strcuture or key levl
-weak volume sellers stepping up
- clear 3:1 risk ratio
- brk above adjusted stop
- brk above levl which i am wrong
- or clear reversal of 13 erma
- rejection of whole #/ strength around whole #
-reclaims an holds above vwap an VOC
- sold into clear descending resist on higher time frame
-selling into .30 a real hard area to brk cause of shorts
-sell into half dollar
- took profit into 2 day vwap
****THINGS I COULD HAVE DONE BETTER
-mkae sure to get full size on A+ set ups
-stop taking profit so early because u are neverous an want to lock in gains, shouldnt of covered until half dollar
-make SURE TO SET AUTO STOPLOSS AT ALL TIMES
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-05-31 09:36:35 | PLUG | sell | $18.930 | short |
2022-05-31 09:36:51 | PLUG | sell | $18.860 | short |
2022-05-31 09:39:30 | PLUG | buy | $18.690 | short |
2022-05-31 09:42:49 | PLUG | buy | $18.460 | short |
2022-05-31 09:44:10 | PLUG | buy | $18.510 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!