CVX Trade on Apr 13, 2023 09:38 from Goku_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
Goku_BOWS

 

Daily Setup: Range breakout
Intraday Setup: None,
Layers of Probability:
Entry: holding 170 level decently, low enough risk
Stop: LOD
Targets: 170.7 for getting risk covered, 172, 173

Thoughts/Thesis/Notes during the trade:
holding 170 after first 5 minute.
Missed first entry was trying to bid in but it did pull back some allowing me to enter @ 170.2 and I have a bid at .05; if that triggers my probability is significantly lower.
Need to check XLE. It's weak
SPY and IWM down-ticked and nice hammer candle for possible continue. QQQs strong.
Nice inside and up, too slow while typing this to move over and add more,
Realized I didn't have a stop in, placed it now. I put my first sell at more than 1:1 at yesterday's midday range high. It upticked and then faded, I could've had a 1:1 sell.
Now that it's faded do I move to 1:1? No, will keep original target, good setup and could gain momentum through 171, bit more greedy on this setup.
Ticks right back up
XLE reversal, now going green, but USO looking weaker. What am I missing with the lack of correlation here?
Got first kick, will trail last due to daily setup, no more selling, will trail on 15. Stopped

Areas of Success: Good daily setup
Areas to Improve: How to determine when to cover risk or be greedy (DO only sold 10% and swinging), when to trail on 15 or be greedy


Execution detail:

Date/time Symbol Side Price Position
2023-04-13 09:38:00 CVX buy $170.180 long
2023-04-13 09:48:00 CVX sell $170.700 long
2023-04-13 11:51:00 CVX sell $171.230 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