Shared by
Dandres
Trade 1: RS (Loss)
Trade 2: RS (Win)
Trade 3: RS (Win) This was after the previous trade once the price action started breaking down back to the $253 level. Took a short for the break and an additional short after the lower break. The price action started coming back up but then a even stronger larger bear candle brought it back down and the SPY was showing the same thing. Saw the strong volume and break, added my final position and started riding the short move to the downside and lows of the day. First partial at 1R, second partial at 1.5R and last partials at 2R.
Reflection
- This was a nice trade with strong confirmation and SPY following suit.
- Traded the indicators and managed my risk nicely on this.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-06-26 10:57:10 | TSLA | sell | $253.000 | short |
| 2023-06-26 10:57:33 | TSLA | sell | $252.830 | short |
| 2023-06-26 11:01:09 | TSLA | sell | $252.820 | short |
| 2023-06-26 11:04:22 | TSLA | buy | $252.220 | short |
| 2023-06-26 11:08:24 | TSLA | buy | $251.590 | short |
| 2023-06-26 11:11:49 | TSLA | buy | $251.130 | short |
| 2023-06-26 11:13:49 | TSLA | buy | $250.950 | 0 |
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