Float - N/A, FS% - N/A, ATR - 1.60, AVOL - 73.30M, RVOL - .53
SPY was gapping over the key 242.50 level pre market and I was focused on a long entry for a play back toward 244. My first entry was very aggressive and I really didn't have a set up but I was using the low .80 as my stop and looking at 243.60 as the target. My 2nd entries 243.03 and 243.06 I took once we took out the pre market highs. I was expecting the stock to trend right on the open however it didnt. I sold 200 which was a mistake right at VWAP and then added back over 243 at 242.99. My scales are good I was looking for either a break of .20 or a move to .60 for my last scale.
I missed a re entry around VWAP trying to get 243.07 filled on the bar as it took off. This was a big miss. I should have been in it. Once we got back below VWAP and held I also could have shorted and held into that 242.50 area risking about .05 to make .60.
Overall, I was happy I got aggressive in my sizing. I need to be more patient and wait for my set up which ocurred at 7:45 when we broke above the opening range and then came in and retested it. Had I waited i would not have exited and had to re enter.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-07-03 09:30:23 | SPY | buy | $242.940 | long |
2017-07-03 09:31:19 | SPY | buy | $243.030 | long |
2017-07-03 09:33:23 | SPY | buy | $243.060 | long |
2017-07-03 09:36:31 | SPY | sell | $242.940 | long |
2017-07-03 09:38:09 | SPY | buy | $242.990 | long |
2017-07-03 10:09:22 | SPY | sell | $243.220 | long |
2017-07-03 10:14:02 | SPY | sell | $243.360 | long |
2017-07-03 10:21:29 | SPY | sell | $243.180 | 0 |
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!