Shared by
dpaleo
Tags:
Momentum
failed bear flag break. Better entry would be on the vwap resistance and then add on the break
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-06-02 10:24:20 | XOM | -605 | $96.940 | -605 |
| 2022-06-02 10:24:20 | XOM | -55 | $96.945 | -660 |
| 2022-06-02 10:24:20 | XOM | -40 | $96.950 | -700 |
| 2022-06-02 10:26:12 | XOM | -300 | $97.070 | -1000 |
| 2022-06-02 10:50:35 | XOM | 1000 | $97.380 | 0 |
Comments
dpaleo
FuzzyGap
2022-06-27 00:14:15
for a long, at 10:50:35, you covered the short but said you didn't realize it could be a VWAP remount trade on the long side. So if you go for long, where will you put the stop loss and when will the entry be?
2022-07-01 08:35:32
entry would be on close of that 5min candle that remounted vwap. Initial stop would be $96.99 but if a 5min candle closed back below vwap then trade would be invalidated and would bail
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if added after vwap remount, where will you put the stop loss?