AMZN Trade on Apr 26, 2023 10:08 from Dandres: Tradervue User Stock Trades.

PREMARKET
- Saw on the Gap up list, no specific catalyst but has been moving in the past few days.
- >1 M shares premarket volume, MC stock, ATR: 2.90, ETB.
- PD pattern showed weakness all day under the VWAP and the premarket price action was also showing price movement under the VWAP. So at this point I was short bias.
- Max share size was 100 shares 25,55,20.
OPEN
- At the open the candle did drop down way past the VWAP and then back up in an equal size candle in OR. WOW, great reason why to avoid the OR, you just never know. Because I was short bias, I was waiting for a resolution to the downside. I was blinded to the great move occurring to the upside. An equal size candle to the upside and then subsequent candles on the 1 minute we're shout at me, LONG! I was weary of where the target to the upside would be because the next daily target was a far stretch on the ATR.
- I let the candles show me the pattern on the 5-min chart and I was showing me noticeable resistance at the %106.50 level. The thought of a mountain pass move came to my mind with the way the stock was resolving. I got in on 1 min candle confirmations to the downside when I saw the price wasn't going back up to the high of days. This was my indicator to get in. My entry price could have been a little better with a smaller risk, but I made up for it by holding onto my winners as close to 2R as I could while moving my stops.
- The stock moved to the downside 60c and I took my partial 50% at 1R and the rest at 2R when I saw the 5-minute doji.
REFLECTION
- I feel I did really well with my sizing and holding my winners to the profit targets. I was thinking on my feet when I saw the price curling back up.
- I was disciplined and did not get greedy with the help of Sandra and dad lmfao telling me to just take my gains for the day. Good idea...
- One thing to improve on, don't get tunneled on a certain move you can trade everything that's got the right patterns, right?