Shared by
Dandres
Open
- Trade 1: VWAP (Loss)
- Trade 2: VWAP (Loss)
- Trade 3: VWAP (Win) At this point I was jumping on the opposite side of the trade. Previous trade was a short and since it turned against me to the upside, I got in on confirmation to the upside on the 1 min and 5 min chart. Got in full size BUT the trade didn't take off tremendously, I was able to hold 50 to 1R and the rest at break even on reversal candles on both the 1 min and 5 min candles. Stopped out at break even.
- Trade 4: VWAP (Win). Flip sides again, this was a little entry to drop reversal candles to the downside. Stop loss at previous candle high.
Reflection
- Quick thinking on jumping on the reversal candles to the opposite sides. Getting in on candle confirmation on both charts. Good at placing the stop loss and moving the break even.
- Nice risk management, there was solid reason to get in.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-11 09:53:30 | AMD | buy | $97.900 | long |
| 2023-05-11 09:54:10 | AMD | buy | $98.190 | long |
| 2023-05-11 09:55:33 | AMD | buy | $98.180 | long |
| 2023-05-11 09:57:56 | AMD | sell | $98.600 | long |
| 2023-05-11 09:59:19 | AMD | sell | $98.160 | 0 |
| 2023-05-11 10:04:01 | AMD | buy | $98.380 | long |
| 2023-05-11 10:05:21 | AMD | sell | $98.000 | 0 |
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