Shared by
Dandres
Trade 1: VWAP (Loss)
Trade 2: VWAP (Win) After the previous trade the levels started forming strongly to the downside. First entry was the break of the VWAP. Second entry was at the lower-level confirmation. Third entry was at opening of the new 5 min candle to the downside. Held the position to a bit above 1R, second, third and fourth partials were during the consolidation range of the first leg. Last partial was at lower levels.
Trade 3: Was an entry again after the rejection of the VWAP and a possible break down of the consolidation range again. I didn't like my entry and so I got out right away.
Reflection
- All 3 indicators present: Sim confirmation, volume and levels. Simultaneously, this trade was also overlapping the break of the consolidation range. To me it was a GTFI trade once that level broke.
- I think this trade was nicely managed and held well to its targets. Which was the previous trading day's high.
- Good thinking with getting out right away after a nasty entry.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-06-20 10:13:48 | TSLA | sell | $265.080 | short |
| 2023-06-20 10:14:16 | TSLA | sell | $264.660 | short |
| 2023-06-20 10:15:07 | TSLA | sell | $264.660 | short |
| 2023-06-20 10:17:18 | TSLA | buy | $263.460 | short |
| 2023-06-20 10:20:38 | TSLA | buy | $263.470 | short |
| 2023-06-20 10:23:51 | TSLA | buy | $263.320 | short |
| 2023-06-20 10:28:33 | TSLA | buy | $262.730 | 0 |
| 2023-06-20 10:47:34 | TSLA | sell | $263.640 | short |
| 2023-06-20 10:48:19 | TSLA | buy | $263.680 | 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!