The set-up: Retracement Pullbacks
What I did Right: I followed my plan/system & executed it flawlessly.
What I did Wrong: I need more sample size
Where I could improve: I need more sample size
Trade grade: 9/10
-------------------------------------
Big-picture: Get more sample size, but so far everything looks good
Trade parameters: 2 lot scale-out plan with 3 point stop & stop management(move stop to entry when profit target 1 was achieved(7.50 points)) while having asymmetric r/r(15 points from entry).
Entry: 3787.75, 3787.75
Trade Management: Moved stop to entry, after scaling out 1 contract at profit target 1. Locked In profits.
Exit: 3780.75, 3780.75, 3787.75, 3772.75
Additional notes: The second trade was a pullback retracement short trade(based on volatility pivots & weekly - 2 sd vwap band rejection & Intraday + 1 sd vwap band rejection) It was a 2-lot trade, I scaled out of 1 contract at Intraday vwap(1st profit target)& then moved my stop to Initial entry & put In a limit order for my 2nd profit target(- 1 sd Intraday vwap band) I got stopped out of the last contract at BE, but It was a profitable trade. I ran an Initial 3 - point stop.
The 3rd trade was the same trade idea/execution, however the leftover contract(after scaling out of the first contract at Intraday vwap) hit profit target 2(-1 sd vwap band.)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-09-22 12:24:42 | ESZ2 | sell | $3787.75 | short |
2022-09-22 12:29:39 | ESZ2 | buy | $3780.50 | short |
2022-09-22 12:56:47 | ESZ2 | buy | $3787.75 | 0 |
2022-09-22 12:57:07 | ESZ2 | sell | $3787.50 | short |
2022-09-22 12:59:07 | ESZ2 | buy | $3780.75 | short |
2022-09-22 13:13:19 | ESZ2 | buy | $3772.75 | 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!