AMD Trade on Nov 16, 2023 10:28 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- Watching price action on AMD. The price action came down to the VWAP to possibly break down towards the opening price, huge potential to the downside. Took first entry on the candle breaking the VWAP and close to the end of the 5 minute candle. Second entry on the new 5 minute candle that had come down to retest the break and the third entry that broke even lower. Unfortunately the price action started to move sideways again and ultimately came to the top of the consolidation range to break out.
Reflection
- 3 indicators? Yes, first entry called for.
- Scaling? Yes, additional entries called for.
- Partials? No, the price action did not break down.
- Risk management? Got out on the price action breaking the consolidation level above the 118.75 level.
- What went right/wrong? Trade idea was successful, entries and scaling successful. Risk management good, got out on the break of the mini consolidation level.
- Successful trade? Yes, emotions in check and trading the technical indicators.