The set-up: Flat Top Wedge
What I did Right: Solid setup, great entry and SL, great R/R potential, got over 1R
What I did Wrong: Sold way too fast - not too sure why, potentially just Friday nerves
Where I could improve: On trades like this with really no clear resistances, use every .25 as a target
Trading on news? Y
Trade grade: A-
-------------------------------------
Entry: 8.39
Stop Loss: 8.22
Trade Management: Okay
Targets: 8.54, 8.75, 9.00
Actual Exits: 8.55, 8.56, 8.64
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-12-09 10:01:20 | MOMO | buy | $8.395 | long |
2022-12-09 10:02:24 | MOMO | sell | $8.555 | long |
2022-12-09 10:02:46 | MOMO | sell | $8.565 | long |
2022-12-09 10:03:01 | MOMO | sell | $8.642 | long |
2022-12-09 10:03:11 | MOMO | sell | $8.640 | long |
2022-12-09 10:03:21 | MOMO | sell | $8.710 | long |
2022-12-09 10:03:21 | MOMO | sell | $8.710 | 0 |
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