AMZN Trade on Nov 29, 2023 09:35 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- The other tickers had sort of already left the opening range, AMZN looked the best in the moment. Watching the sideways consolidation which then broke out from the 148 top of the range. Took first entry on the break. Let the next candle tell me whether it was going to sustain, it did, took a second entry on the next candle that broke higher. Third entry on higher candle break. The price action rejected and came back to the top of the range that it had just broken out of. Trade idea not valid anymore.
Reflection
- 3 indicators? Yes, first entry called for.
- Scaling? Yes, additional entries on confirmation. Level sustained, retract retest and higher level break.
- Partials? No. Did not break out the way I thought it would.
- Risk management? Good, scaling was appropriate and the risk was small compared to the potential.
- What went right/wrong? Trade idea was valid, the trade didnt resolve. Execution was 100%
- Successful trade? Yes, traded the technicals and emotions where in check.