Shared by
glen55867_BOWS
Simulated trade
Daily was PR play with stock gapping up from previous close. However looking at the daily chart now the stock didn't gap into clear space and didn't form any discernable pattern.
So NO TIMEFRAME ALIGNMENT so should not have made the shortlist.
The intraday entry was an ORB, also the ORB combined with a green holding above 9EMA s the ORB was a confirmation of quick pullback
Scaled out into first two spikes
then followed a stop up the 9 and was stopped out on last third
The daily was not a good setup but the intraday play was pretty decent in my opinion
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-06-22 09:46:56 | WTI | buy | $7.070 | long |
| 2018-06-22 09:51:27 | WTI | sell | $7.190 | long |
| 2018-06-22 10:05:53 | WTI | sell | $7.270 | long |
| 2018-06-22 10:33:00 | WTI | sell | $7.160 | 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!