Shared by
Beckboy5
The set-up: FTBO HOD
Gap Up Day? Y
Trading on news? Yes
Timeframe used? 2M
Above 200 EMA? N
Spread: Thick
-------------------------------------
What I did Right: Decent setup along the 1 & 2m charts, more telling that anything was the strength behind this before breakout, stayed patient through 2-3 halts, got out after the halts happy with profit
What I did Wrong: If I had held through 1-2 more halts I could've gotten atleast 1-1.5 more R out of this, but still happy with my decision
Where I could improve: In a situation with many halts like this, alteast leave a piece on the table for a potential big move
Trade grade: A
-------------------------------------
Entry: 1.86
Stop Loss: 1.66 (Based on 2m Chart)
Trade Management: Okay
Targets: 2.06, 2.26
Actual Exits: 2.08, 2.11, 2.10, 2.18
Potential R: 3.65
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-08 10:23:25 | TRVN | buy | $1.860 | long |
| 2023-05-08 10:39:51 | TRVN | sell | $2.079 | long |
| 2023-05-08 10:39:58 | TRVN | sell | $2.115 | long |
| 2023-05-08 10:40:00 | TRVN | sell | $2.105 | long |
| 2023-05-08 10:40:09 | TRVN | sell | $2.180 | 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!