W Trade on Mar 20, 2023 09:43 from Goku_BOWS: Tradervue User Stock Trades.

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Goku_BOWS

 

Daily Setup: Bear flag in front of support, Inside day and down
Intraday Setup: Pullback to MAs, (bad/no setup)
Layers of Probability: clear daily level w/ inside candle for execution, IWM fading, QQQs at lows when entered.
Entry: Pullback to MAs, good price, started to down-tick (shown on 2 minute)
Stop:HOD
Targets: 31.18, 30.76, trail & Add-back

Thoughts/Thesis/Notes during the trade:
Inside day and down, nearing major support, but had tested many times.
Mixed signals from indices.
Broke inside and down (false breakdown?)at the open (should not have given second chance if A+ setup), but pulled back and 5 minute candle started to form a tail (shown on 2 minute, I was not watching 2 minute), entered vs. highs for better price and larger position. Can get 1:1 before lows now, Did not close 5 with a tail though.
Originally had first cover at 31.02, which conflicts my plan today of quick profits.
Will move to true 1:1, 31.18
Stopped
The other view is failed breakdown @ support, w/ inside and up 5 minute candle.
Setup still exists, although now not an inside day, will keep this on watch.

Areas of Success: Great risk skewing, ~50% full size;
Areas to Improve: Better intraday trigger, do not get "stuck" on an idea.


Execution detail:

Date/time Symbol Side Price Position
2023-03-20 09:43:00 W sell $31.480 short
2023-03-20 09:49:00 W buy $31.770 0


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