Shared by
Beckboy5
The set-up: FTBO HOD
Gap Up Day? Y
Trading on news? Y
MTFA: 1M, 2M, 5M
Timeframe used?
Above 200 EMA? Y
Spread: Thin
-------------------------------------
What I did Right: Very clear setup with obvious entry for HOD break, clear target and hit all of my parameters for a second trade setup, great SL, followed my own rules
What I did Wrong: Sold too quickly - still not used to slower movement on Fridays specifically
Where I could improve: Continue to practice holding during slower periods if weakness has not shown, remember Fridays move slower than other days
Trade grade: A-
-------------------------------------
Entry: 8.47 (.01 slippage)
Stop Loss: 8.34
Trade Management: Okay
Targets: 8.60, 8.70
Actual Exits: 8.52, 8.53, 8.49
Potential R: 1.5
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-12 10:07:14 | ARLO | buy | $8.470 | long |
| 2023-05-12 10:11:14 | ARLO | sell | $8.520 | long |
| 2023-05-12 10:11:23 | ARLO | sell | $8.531 | long |
| 2023-05-12 10:13:43 | ARLO | sell | $8.490 | long |
| 2023-05-12 10:13:50 | ARLO | sell | $8.492 | 0 |
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