Double top setup for first trade. Entered the short at 167.5. Exit in two tranch. The next short did not work. Appears to bo bear flag, but did not go down further. Close out quickly when it does not work.
What I did Right: Scale out. First entry is ok, despite not perfect double top setup.
What I did Wrong: In the middle of the trade, Interactive Broker connection becomes very unstable. So quick exit for first trade.
Where I could improve: The first short should be the downtrend, retest, go down again the first bar confirmation should get in. This can improve risk and reward.
Trade grade: C
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-06 11:28:36 | META | sell | $167.510 | short |
2022-07-06 11:29:47 | META | buy | $167.330 | short |
2022-07-06 11:31:33 | META | buy | $166.900 | 0 |
2022-07-06 11:42:22 | META | sell | $166.760 | short |
2022-07-06 11:46:13 | META | buy | $166.980 | 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!