DOCU Trade on Apr 17, 2023 09:42 from Goku_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
Goku_BOWS

 

Daily Setup: Support level breakdown
Intraday Setup: Inside 5 and down/ORB
Layers of Probability: Decent support area on daily breaking, weak open
Entry: Break down of inside 5 candle
Stop: high of inside candle
Targets: 1:1 place in wrong spot, should have been 53.35 which may have filled, greedy and wanted 5c more

Thoughts/Thesis/Notes during the trade:
Base breakdown on daily, inside 5 candle below MAs, tried to enter within the 5 minute candle, but ticked down. Enterd @ break of inside 5. 40c risk makes getting a 1:1 tough, but it is a nice daily technical setup.

QQQs rel weak. QQQs ticking down, DOCU popped up.
Wasn't following through immediately, wanted to move my target up and stop down to reduce risk but stuck w/ my plan,
Flushed w/in 5c of 50.3 target and then ripped straight up. Moved stop to 54.01 from 54.24, Could argue that is a lower high. Tapped 54 and dropped again. QQQs had an nice uptick and now tailing down as well. Choppy action. Don't get sucked in, follow a plan.
Stopped
Feel like inside 5 had to0 large of a range which made the 1:1 target too far away. Good daily though, so debatable.

Areas of Success: Stuck to my gameplan
Areas to Improve: Don't fudge covering risk to be greedy. Not consistent.


Execution detail:

Date/time Symbol Side Price Position
2023-04-17 09:42:00 DOCU sell $53.800 short
2023-04-17 10:21:00 DOCU buy $54.010 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