I was 3/5 on this stock today. It was gapping up, I liked it because of no close over head resistance. On the first trade, I was trading the ORB, but Since this was over extended for an opening range breakout it stalled for a few candles and consolidated and I got out. When this started to break out of the consolidation, I got long again for a small win.
The third entry was a clean pullback on the 1 min chart. I got long when there was a candle to make a new high. This was also bouncing off the MAs and close to the VWAP.
The 4th entry, on the 1 min chart this looked like it was forming a really clean flat top flag, but the 5 min didn't look as clean. I still expected it to work and was still a good entry even if it didn't work out. I gave back a little profit on this, but worth the risk.
The 5th entry, I was mad I got stopped out because I really liked the look of the setup. When this started to turn around and look like it was going to break HOD, I got long again for the breakout. It grinded up slowly and when it started to pullback, I got out for a really small gain, basically breakeven.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-05-19 09:35:04 | ADSK | buy | $108.930 | long |
2017-05-19 09:36:48 | ADSK | sell | $108.840 | 0 |
2017-05-19 09:38:52 | ADSK | buy | $109.460 | long |
2017-05-19 09:38:53 | ADSK | buy | $109.400 | long |
2017-05-19 09:39:08 | ADSK | sell | $109.860 | long |
2017-05-19 09:39:40 | ADSK | sell | $109.900 | long |
2017-05-19 09:39:53 | ADSK | sell | $110.250 | long |
2017-05-19 09:40:34 | ADSK | sell | $110.820 | long |
2017-05-19 09:41:56 | ADSK | sell | $109.990 | 0 |
2017-05-19 09:45:16 | ADSK | buy | $109.710 | long |
2017-05-19 09:50:14 | ADSK | sell | $110.550 | long |
2017-05-19 09:50:31 | ADSK | sell | $110.760 | long |
2017-05-19 09:50:53 | ADSK | sell | $110.880 | long |
2017-05-19 09:53:22 | ADSK | sell | $110.240 | 0 |
2017-05-19 09:55:09 | ADSK | buy | $110.450 | long |
2017-05-19 09:55:12 | ADSK | buy | $110.590 | long |
2017-05-19 09:58:59 | ADSK | buy | $110.720 | long |
2017-05-19 10:04:51 | ADSK | buy | $110.920 | long |
2017-05-19 10:05:00 | ADSK | buy | $111.050 | long |
2017-05-19 10:11:20 | ADSK | sell | $110.350 | 0 |
2017-05-19 10:19:01 | ADSK | buy | $111.210 | long |
2017-05-19 10:32:14 | ADSK | sell | $111.290 | 0 |
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