FAST Trade on Apr 13, 2023 10:07 from Goku_BOWS: Tradervue User Stock Trades.

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Goku_BOWS

 

Daily Setup: Base breakdown @ $51
Intraday Setup: None really, small bearish consolidation after big flush
Layers of Probability: Base level broke
Entry: Building in vs $51 once it broke below
Stop: above 51 and pivot high
Targets: 50.35, 50

Thoughts/Thesis/Notes during the trade:
Pulled up chart at 7:07 and at first looked totally untradeable, but then the red maribozu made me think it's extremely susceptible to another drop and very weak. Consolidation below the VWAP and 8ema not quite caught up but entered small and will build in vs 51 if it upticks
markets breaking out at same time
Will also add smaller if inside 5 forms and breaks to downside, but not if already added.
Got the 50.8 fill, did not create an inside 5.
Risk within parameters. But will cover quick in 1/3s with 3 lots.
Stopped, will wait for 8eam to get tighter
Tapped 8ema and started to form a tail to the upside. Same candle that stopped me out.
I re-entered, still looks short. Not feeling like it's revenge, setup still valid. Will add if it breaks down.
Walked to make breakfast without putting in stop. Came back to a shooting star type candle and placed stop above, more risk than I should have.
Not working.

2 minute chart just for visibility on executions. Only traded w/ 5/15/hr/daily.

Areas of Success:
Areas to Improve: "D" quality setup, be more patient for setups that align with market.


Execution detail:

Date/time Symbol Side Price Position
2023-04-13 10:07:00 FAST sell $50.660 short
2023-04-13 10:10:00 FAST sell $50.800 short
2023-04-13 10:11:00 FAST buy $51.020 0
2023-04-13 10:12:00 FAST sell $50.900 short
2023-04-13 10:24:00 FAST buy $51.380 0


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