SPY Trade on Jun 17, 2022 11:52 from ricky_trades: Tradervue User Stock Trades.

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ricky_trades

 

today i was working had an interview early in the day so alot on my mind
opened up TOS and saw we couldnt get out of this supply area
but what i failed to nice is the trendline and the fact that we were creating
higher highs also a symetrical triangle was forming.
overall balanced market day- not the greatest move and did stick to my stop loss.
lost the whole position which all rules were broken today.

heres my trade analysis:

061722 trades
took 2 spy puts
odte
saw us stalling at the 365.90 area
creating higher lows
down trend
better chance at the supply zone

lower volume
less action at this time of day

looking for a move to low of day

watching closely
been stalling at this level for the past 1 hour

headed towards lod not sure though

keep bouncing at a demand ish area

rejecting the 9 ema

we are forming an a symmetrical triangle

held this trade too long
volume is a bit lower on the last 30 min candle
needs to break trend line

past 2 hour cannot break the supply area

symmetrical triangle in downtrend is bearish

few things there was a trendline that was not broken.
choppy sloppy action should have exited way before

wound up bag holding. broke all the rules today.
didnt stick to stop and was just emotional.


Execution detail:

Date/time Symbol Side Price Position
2022-06-17 11:52:12 17 JUN 22 364 PUT buy $1.730 long
2022-06-18 16:00:00 17 JUN 22 364 PUT sell $0.0000 0


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