SE Trade on Mar 7, 2023 09:34 from ChefRay: Tradervue User Stock Trades.

Gravatar

Shared by
ChefRay

 

SE - GURL, VWAP bounce, short

Psychology: good sleep, got a morning walk in.
* Patient - watched DKS and SE at the open make a move. Didnt feel compelled to jump in.

GURL at VWAP - 73.25, 74.75, 78
* was looking at an anticipation GURL entry at $70 support but with the opening candle dropping below $69, I cancelled my order.
* took a starter position after VWAP was reclaimed and held. At this point, the selling pressure eased on the tape which gave me more confidence.
* added in as volume came in but didnt get to full size as it was moving too fast and I didnt want to give up my SL below VWAP.

* took profits at 74.50 which was the first consolidation then re-added when it was clear the selling volume was declining. Sold through the next push then re-added back to full size in anticipation of a $78 breakout tightening my SL to BE. I got really aggressive on the last add but at that point, I was swinging for a grandslam on a freebee (cost Ave was really low and if it did hit my SL, which it did, the ticker was heading down for a decent size retracement anyhow).

VWAP bounce - PT HOD
* was looking for an ABCD entry off the VWAP
* should have added as close to VWAP as possible which would have made this a homerun but instead added above my starter position.

Short
* jumped in short when the buying volume dried up from the VWAP bounce and sell orders filled the tape
* added a bit too aggressively on the way down which lowered my avecost below my desired SL.
* lost my patience and bailed on the trade.

image


Execution detail:

Date/time Symbol Side Price Position
2023-03-07 09:34:40 SE buy $72.250 long
2023-03-07 09:36:42 SE buy $73.770 long
2023-03-07 09:36:42 SE buy $73.770 long
2023-03-07 09:37:59 SE sell $74.310 long
2023-03-07 09:39:24 SE sell $74.370 long
2023-03-07 09:45:09 SE buy $74.680 long
2023-03-07 09:45:29 SE buy $75.310 long
2023-03-07 09:45:29 SE buy $75.310 long
2023-03-07 09:46:08 SE sell $75.700 long
2023-03-07 09:46:08 SE sell $75.700 long
2023-03-07 09:46:08 SE sell $75.700 long
2023-03-07 09:47:52 SE buy $76.790 long
2023-03-07 09:47:52 SE buy $76.790 long
2023-03-07 09:47:52 SE buy $76.790 long
2023-03-07 09:48:29 SE sell $77.290 long
2023-03-07 09:48:30 SE sell $77.290 long
2023-03-07 09:49:17 SE sell $77.010 long
2023-03-07 09:49:17 SE sell $76.980 long
2023-03-07 09:50:18 SE buy $77.690 long
2023-03-07 09:50:52 SE buy $77.630 long
2023-03-07 09:50:52 SE buy $77.630 long
2023-03-07 09:50:52 SE buy $77.630 long
2023-03-07 09:50:52 SE buy $77.630 long
2023-03-07 09:50:52 SE buy $77.630 long
2023-03-07 09:50:52 SE buy $77.630 long
2023-03-07 09:51:32 SE sell $76.890 long
2023-03-07 09:51:32 SE sell $76.880 long
2023-03-07 09:51:32 SE sell $76.880 0
2023-03-07 10:15:42 SE buy $74.620 long
2023-03-07 10:27:07 SE buy $74.420 long
2023-03-07 10:27:07 SE buy $74.420 long
2023-03-07 10:27:07 SE buy $74.420 long
2023-03-07 10:27:32 SE buy $74.840 long
2023-03-07 10:27:32 SE buy $74.840 long
2023-03-07 10:27:32 SE buy $74.840 long
2023-03-07 10:29:31 SE buy $75.260 long
2023-03-07 10:31:49 SE sell $75.720 long
2023-03-07 10:31:49 SE sell $75.720 long
2023-03-07 10:31:49 SE sell $75.720 long
2023-03-07 10:33:16 SE sell $76.090 long
2023-03-07 10:33:16 SE sell $76.090 long
2023-03-07 10:33:16 SE sell $76.090 long
2023-03-07 10:37:07 SE buy $76.650 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 long
2023-03-07 10:40:46 SE sell $76.320 0
2023-03-07 10:41:15 SE sell $75.450 short
2023-03-07 10:41:45 SE sell $75.070 short
2023-03-07 10:41:45 SE sell $75.070 short
2023-03-07 10:41:45 SE sell $75.070 short
2023-03-07 10:45:39 SE buy $76.190 short
2023-03-07 10:45:39 SE buy $76.180 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!

View plans, Sign up for free, or Log in