One of those stocks that you watch
Open
- Watching TSLA on this daily range, the plan was to watch it rally up above the range on the daily to target higher levels that I had set. The price action and volume looked strong at the open, took a first entry on the break of 259. second entry on a new candle retracting but holding above the VWAP and coming back up to make a higher high. Third entry on a new candle to hold the level and make higher highs. Risk was risk below the VWAP. Held to the about 1.5R and took partials along the way to the top. Out on the break of the 20ema.
Reflection
- 3 indicators? yes, first entry called for.
- Scaling? yes, second and third entry on higher highs and strong volume + watching orders break the stacking on ask.
- Partials? yes all the way to the top, as close as I could get to the 264 target.
- Risk management? entries called for. Knew where my stop was.
- What went right/wrong? trade idea and execution was valid.
- Successful trade? yes nice trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-12-27 09:30:39 | TSLA | buy | $259.070 | long |
2023-12-27 09:31:01 | TSLA | buy | $259.260 | long |
2023-12-27 09:32:13 | TSLA | buy | $259.530 | long |
2023-12-27 09:33:11 | TSLA | sell | $260.250 | long |
2023-12-27 09:35:38 | TSLA | sell | $260.460 | long |
2023-12-27 09:36:36 | TSLA | sell | $260.740 | long |
2023-12-27 09:38:13 | TSLA | sell | $260.560 | long |
2023-12-27 09:39:57 | TSLA | sell | $261.150 | long |
2023-12-27 09:43:49 | TSLA | sell | $261.830 | long |
2023-12-27 09:45:05 | TSLA | sell | $262.300 | long |
2023-12-27 09:51:47 | TSLA | sell | $262.430 | long |
2023-12-27 10:01:50 | TSLA | sell | $263.010 | long |
2023-12-27 10:11:28 | TSLA | sell | $262.310 | 0 |
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