AMD Trade on Feb 20, 2024 09:50 from Trader_DK88-Andrew_BOWS: Tradervue User Stock Trades.

Improvements:

1. This was a trend continuation trade with an entry on the pivot change (and break of the pull-in) from the previous down-leg.
2. The stock had gapped down off in the pre-market and then on the open had an immediate flush to the down side.
3. My bias on the open was to the long side and a break of the 172-level. The stock traded below this level and then broke to the down side level.
4. Once the stock flushed I had waited for a pull-in and using the new pivot tool/indicator to assist in finding the pivots.
5. The stock had pulled into the 167-level are and was held. This also put in a pivot on the 1-min chart in this area 167-level and I ended short on the commencement of the next leg down.
6. The stock pushed down into the 166-level and then bounced back into the entry area of the trade, this was an opportunity to add into the trade, which I had missed.
7. The stock then commenced its move to the downside and I had my profit harvesting order targeted at the 165-level.
8. The stock came down and held 2-pennies short of the target before reversing....
9. I held thinking it may come back down and take the level out, it didn't, and so I covered.
10. The stock pulled back into the 167-level and then rolled over and took out my target for the trade I had covered.
11. If I had kept to the trailing 2-min candle (or even the 5-min candle) rule, I would have stayed in the trade and the profit target would have been reached.
12. I had been watching the tape in the flush down to the 165-level and there was large size sitting at the 165-level, so there was confirmation for expectation the level would be hit.

Range chart:

Notes:

Actions:

Trade Technical variables:-

ATR:
Rvol:
AVol:
Beta:
Short:
Float:
Ins. Own:
WIC:
VWAP: