TSLA Trade on Apr 1, 2024 09:42 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

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• TSLA consolidating on the VWAP. Play was to watch a resolution above or below the range being set. After several downside candle being set and ultimately unable to break below the 175 bottom, it gave nice upside candles that broke above the VWAP and started to move with nice upside indication. Second bullish candle came down to test the VWAP again to ultimately up right back up to form a nice hammer. The following candle came up to break above both previous bullish candles, took my first position on seeing two minute closing candles and the level break. Questionable I didnt like the candle closing doji like and knew it could go either way. Candle did indeed break down and tons of red on the tape indicated the sellers were stepping in and most probably the bottom side range would be lost which it did.

Reflection

- 3 indicators? Higher levels formed and closed, range break and high volume.

- Scaling? One entry, no additional indicators for a second entry.

- Partials? None.

- Risk management? Stop appropriate and respected. Proper position size.

- What went right/wrong? Trade idea and execution according to rules.

- Successful trade? Yes. Controlled loser. Head level.