Shared by
TraderJon
The set-up: Failed Follow Through
What I did Right: Entry, scale out, trail the position, re-shorted correctly
What I did Wrong: I added small too far from the 9EMA. I could have used more size on the second short.
Where I could improve:
Trade grade: A-
-------------------------------------
Big-picture: /ES gapping up after Friday strength. AAPL and the other market stocks gapping up /ES and /NQ
Trade parameters: Sell Short on a failure of the premarket high and hold below VWAP.
Entry:142.57
Trade Management:Partial covers 142.31, 142.09, 141.79, 142.02. Added short 141.98. Covered all 142.30. Reshorted 142.29. Covers 141.76, 141.76, 141.70
Exit: Flat @141.71
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-27 09:32:09 | AAPL | sell | $142.570 | short |
| 2022-06-27 09:34:53 | AAPL | buy | $142.310 | short |
| 2022-06-27 09:35:21 | AAPL | buy | $142.090 | short |
| 2022-06-27 09:36:19 | AAPL | buy | $141.790 | short |
| 2022-06-27 09:37:32 | AAPL | buy | $142.020 | short |
| 2022-06-27 09:38:31 | AAPL | sell | $141.981 | short |
| 2022-06-27 09:38:56 | AAPL | buy | $142.300 | 0 |
| 2022-06-27 09:41:29 | AAPL | sell | $142.290 | short |
| 2022-06-27 09:44:59 | AAPL | buy | $141.760 | short |
| 2022-06-27 09:44:59 | AAPL | buy | $141.760 | short |
| 2022-06-27 09:50:50 | AAPL | buy | $141.710 | 0 |
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!