AMD Trade on Aug 21, 2023 09:45 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- Was watching the price action around that VWAP level for the break to the downside, took an entry as soon as the new candle open and the price action came down past the VWAP. The first entry at the break of the VWAP and new 5 minute candle, second entry as it rallied up past VWAP and came back down to the entry point. The price action did not break down again and instead broke to the upside coming towards the end of the candle. Got out because the price action was not convincing and it was holding strongly, Got out as it came back to the VWAP.

Reflection
- 3 indicators.
- Maybe my second entry was hasty but it broke down so the entry was sort of warranted.
- Good risk management.

Execution detail:

Date/time	Symbol	Side	Price	Position
2023-08-21 09:45:13	AMD	sell	$106.940	short
2023-08-21 09:46:19	AMD	sell	$106.820	short
2023-08-21 09:48:55	AMD	buy	$106.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMD&trade=54887122&end=20230821101755&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(20)&compare=SPY');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMD&trade=54887122&end=20230821121855&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(20)&compare=SPY');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AMD&trade=54887122&end=20230920&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(50)');}

AMD Trade on Aug 21, 2023 09:45 from Dandres: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax