Gravatar

Shared by
brdpro

 

SPY

Jun 23, 2022 11:17


Entry Following an ascending wedge pattern that intersected with a key price resistance. This was a second entry after stop out. I re-entered after the price broke, but failed to hold over the key level for the second time. Added 2 contracts on the break and retest of the wedge.

Stop Loss High of day created by the reject on the key level in pre-market.

Target target was the low of the wedge pattern, however I scaled out and closed my full position within 0.50 of target due to 1 min bearish pin bar and continued buying at this level 375.50.

Notes Powell speaking to congress, overall going bad. lots of volatility within a range.


Execution detail:

Date/time Symbol Side Price Position
2022-06-23 11:17:39 24 JUN 22 375 PUT buy $1.760 long
2022-06-23 11:27:05 24 JUN 22 375 PUT buy $2.050 long
2022-06-23 11:40:36 24 JUN 22 375 PUT sell $2.530 long
2022-06-23 11:40:36 24 JUN 22 375 PUT sell $2.530 long
2022-06-23 11:42:18 24 JUN 22 375 PUT sell $2.430 long
2022-06-23 11:44:27 24 JUN 22 375 PUT sell $2.400 long
2022-06-23 11:44:27 24 JUN 22 375 PUT sell $2.400 0


Comments

Gravatar xxjordan88
2022-06-25 09:18:26
 

nice setup , nice entry

Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in