OPEN
- TRADE 1: SUP/RES (fail)
- TRADE 2: After the sup/res move the price action was quickly moving to the VWAP and looking like a probable break above the VWAP. 1-min and 5-min candle was confirming this and so I was scaling in very closely to the VWAP. First partial was either at 1R or 2R because that what I was aiming for. Second partial, I was all out about break even because the 1 min candles were forming to the downside once again. They did indeed break down past VWAP.
REFLECTION
- Entry was nice and R:R was decent. This quick change of side on my part was super cool to me. I held my winner and stopped out early on opposite candles forming. Nice stop loss movement.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-05-08 09:56:23 | TSLA | buy | $171.650 | long |
2023-05-08 09:57:44 | TSLA | buy | $171.840 | long |
2023-05-08 09:59:27 | TSLA | buy | $171.950 | long |
2023-05-08 10:00:39 | TSLA | buy | $171.950 | long |
2023-05-08 10:04:59 | TSLA | sell | $172.350 | long |
2023-05-08 10:07:24 | TSLA | sell | $171.890 | 0 |
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