Shared by
tabuckner01
Trade grade: A-
The set-up: 5-MIN ORB
Entry: $55.83 - Just pass 1st 5-MIN body
STP Loss: $55 - Between 9EMA and VWAP
Profit Target: $56.75, $57, $57.25, $57.50 - 2R move
What I did Right: Notice entry point on 1-MIN chart, strength going into 2nd 5-min candle.
What I did Wrong: STP loss could have been better. Took profits too soon, no exit target till. Found perfect exit point after reviewing daily chart 2 years ago.
Where I could improve: Finding an exit point. Setting a STP loss sooner in trading time.
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Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-04 09:35:04 | SHOP | buy | $55.905 | long |
| 2023-05-04 09:42:21 | SHOP | sell | $56.405 | long |
| 2023-05-04 09:45:18 | SHOP | sell | $56.768 | long |
| 2023-05-04 09:46:04 | SHOP | sell | $56.960 | long |
| 2023-05-04 09:46:06 | SHOP | sell | $56.990 | long |
| 2023-05-04 09:46:16 | SHOP | sell | $57.050 | 0 |
| 2023-05-04 10:00:30 | SHOP | buy | $58.464 | long |
| 2023-05-04 10:02:00 | SHOP | sell | $58.741 | long |
| 2023-05-04 10:02:12 | SHOP | sell | $58.440 | 0 |
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