Daily Setup: None
Intraday Setup: Overbought reversal
Layers of Probability: Highest volume 5, extension on short term time frames, market rolling over
Entry: Waited for uptick to enter after first initial flush
Stop: HOD
Profit Strategy & Targets: 1:1, 8ema, VWAP
Thoughts/Thesis/Notes during the trade:
I initially was following down with my offer, then cancelled completely thinking if it upticked it might not work, then changed my mind again and put my offer at 16.2 for a smaller position. Figured it still had a good chance of working and small risk was ok.
Areas of Success:
Areas to Improve: Stick to your plan
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-04-24 10:35:00 | FRC | sell | $16.200 | short |
2023-04-24 10:36:00 | FRC | buy | $16.020 | short |
2023-04-24 10:39:00 | FRC | buy | $15.800 | short |
2023-04-24 11:16:00 | FRC | buy | $15.550 | 0 |
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!
Nailed it!