SHOP Trade on Nov 27, 2023 09:47 from Ihor_Horovenko: Tradervue User Stock Trades.


Shared by


Thesis: Black Friday deals. CABOHL appeared after I was stopped out from a opening range breakout trade. I was simply waiting for candles consolidate and breakout. Black Friday sales report.

Stop: Placed my stop-loss below the breakout bar.

Entry: I have entered position once the breakout bar closed above the consolidation high.

Targets: 1to3 was my best expectation.

Breakeven point: was set after 2 min in this trade.

Profit taking: took everything when price slowed down at around 73.50 on the tape.

Comments: Best trade of the day. I also tried to be bigger and load max size. For unknown reason to me, my hotkeys stopped working. It is soooo frustrating....

Lessons: After reviewing HitchHiker scalp cheatsheet I came a conclusion that I have to perform my entry no matter what at the moment of price breaking above the consolidation high. For a 5 min consolidation I would enter aggressively at the moment of breakout, while for 3-4m I would still wait for a candle to close.

Execution detail:

Date/time Symbol Side Price Position
2023-11-27 09:47:02 SHOP buy $73.200 long
2023-11-27 09:47:04 SHOP buy $73.200 long
2023-11-27 09:47:06 SHOP buy $73.200 long
2023-11-27 09:52:39 SHOP sell $73.540 0

Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in