PIXY Trade on Sep 9, 2022 15:23 from AndyBhanver3: Tradervue User Stock Trades.

PLAY IDEA/SETUP - EOD SQUEEZE TIGHT CONSOLIDATION

REASONS TO ENTRY (ENTERED CLOSE TO A SUPPORT/RESISTANCE THAT WAS HOLDING) - #1. ENTERED HERE AS WE CONSOLIDATED THROUGHOUT THE DAY, WAS LOOKING FOR THIS DOWNTREND,INE BREAKOUT FOR A SQUEEZE HIGHER

REASONS TO EXIT (EXIT AT SUPPORT/RESISTANCE WALL/EXTENSION) - #1. HAD A HARD STEP BELOW THIS CONSOLIDATION SUPPORT, ONCE WE BROKE OUT WE RIPPED INTO 38, THIS WAS NEAR THE PRIOR HOD RESISTANCE AND A WHOLE NUMBER, TOOK 50% OFF AT A NICE 2R, LOOKING TO HOLD THE REST FOR FURTHER CONTINUATION

- #2. TOOK OFF THE REST AS I MOVED UP MY STOP LOSS TO THE PRIOR RESISTANCE AT THE 36.64 AREA, PUT MY STOP AT 36.6, GOT HIT AND WE REBOUNDED BACK HIGHER AROUND INTO 38ISH BEFORE FAILING TO BREAKOUT AND THEN ROLLED OVER

PT - #1. WAS LOOKING FOR THAT HOD SQUEEZE INTO 40 AND POTENITALLY $42

MARKET CONDITIONS - MARKETS NOT AFFECTING PIXY MOVEMENT

TAPE (AROUND SIGNIFICANT AREAS) - #1. SAW SOME VERY AGGRESSIVE BUYING PRESSURE AND VOLUME COMING IN, HUGE RIP TO THE UPSIDE AND SHORTS EXITING AND GETTING STOPPED OUT PUSHING PRICES HIGHER, CAME INTO 38 WHERE WE HAD A WALL OF ORDERS WAITING, REJECTED BUT HELD SUPPORT AT THE PRIOR RESISTANCE AND BOUNCED BACK MAKING NEW HIGHS

- #2. WE DIDN’T GET ANY ACTUALLY BUYING PRESSURE AFTER BREAKING HOD, ONLY BROKE OUT AND SPIKED HIGHER WITH A QUICK WICK AS SHORTS STOPPED OUT AT THE HOD AND THEN WE WICKED BACK DOWN

REFLECTION - #1. NICE TRADE, GOOD STOP BUT COULD HAVE HAD A MORE AGGRESSIVE ENTRY NEAR THE $35 TO GET TIGHTER RISK WITH A STOP BELOW, NEEDED TO WORK ON USING OCO ORDERS, BECAUSE I HAD A HARD STOP PLACED AT 36.6 I COUDLNT LIMIT OUT OR SELL ONCE WE MOVED HIGHER

MISTAKES (DON’T GET UPSET AT LOSSES, BUT GO BACK REVIEW AND MAKE SENSE OF WHAT WENT WRONG WHY DIDN’T THE TRADE WORK AS YOU EXPECTED IT TO AND ONCE YOU FIND THE SOLUTION YOU WILL FEEL MUCH BETTER) - #1. ENTRY COULD HAVE BEEN BETTER CLOSER TO $35

- #2. NEEDED TO USE OCO ORDER AND HAD SOME READY TO SELL AROUND 39.45 IN CASE WE DID SPIKE AND BREAKOUT HIGHER, I COULD GET FILLED HERE AS SPREADS WERE A BIT WIDE AND EVEN SELLING LIKE 3 SHARES HERE WOULD HAVE BEEN A 3R EXIT WHICH WAS GREAT BUT ENDED UP EXITING THE REST AT A 1R WIN

IS THIS STRATEDGY WORKING OR NOT? PROBLEM? SHAKEN OUT TOO EARLY, RIGHT TRADE WRONG TIME, TOO TIGHT STOP LOSS?

WAS THIS A GOOD TRADE? YES, I THINK I COULD HAVE HAD A BETTER ENTRY NEAR MY STOP, THE STOP LOSS WOULDN’T CHANGE BUT MY ENTRY COULD HAVE BEEN CLOSER TO MY ENTRY, ALSO NEEDED TO SCALE SOME OUT AT THE HOD BREAK SPIKE UP, NEEDED TO HAVE AN ORDER PRESET HERE READY TO SELL BUT COULDN’T SINCE I WAS USING A HARD STOP AND COULDN;T SEND ANOTHER LIMIT SELL BECAUSE OF MY HARD STOP ON THE OTHER 10 OF MY SHARES