Well, My Entry was ok, but a fakeout. Taking it off was good, but could also have left it on in hindsight on my first attempt.
My second entry was bad and I was clearly chasing it. When AA had rejected 45 my entry should have been below .90. But there was no clear signal like a nice decision-candle and I hesitated. instead I sold support at .70 when it sold off. Luckily(!) the trade worked out on small size. My Exit was perfect. At least the partial. at 44.50.
When AA rejected the VWAP and EMA9 again to retest the 44.50 support I wanted to go for a break of that level. It took me several attempts, but it eventually worked out.
I should have given it a moment to play out, but was also expecting a hard bounce that I did not want to be stuck in. Hence I went in and out. A little more room to .60 would have been ok though and cheaper in hindsight.
AA dropped rather fast once the Offer dropped .50.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-10-03 10:04:00 | AA | sell | $44.800 | short |
2018-10-03 10:05:00 | AA | buy | $44.880 | 0 |
2018-10-03 10:09:00 | AA | sell | $44.740 | short |
2018-10-03 10:14:00 | AA | buy | $44.530 | short |
2018-10-03 10:26:00 | AA | buy | $44.520 | 0 |
2018-10-03 10:26:00 | AA | buy | $44.520 | long |
2018-10-03 10:26:00 | AA | sell | $44.500 | 0 |
2018-10-03 10:26:00 | AA | sell | $44.500 | short |
2018-10-03 10:27:00 | AA | buy | $44.530 | 0 |
2018-10-03 10:27:00 | AA | buy | $44.530 | long |
2018-10-03 10:27:00 | AA | buy | $44.550 | long |
2018-10-03 10:27:00 | AA | sell | $44.500 | 0 |
2018-10-03 10:28:00 | AA | sell | $44.490 | short |
2018-10-03 10:28:00 | AA | buy | $44.410 | short |
2018-10-03 10:29:00 | AA | buy | $44.385 | short |
2018-10-03 10:31:00 | AA | buy | $44.290 | short |
2018-10-03 10:54:00 | AA | sell | $44.620 | short |
2018-10-03 10:57:00 | AA | buy | $44.600 | short |
2018-10-03 11:13:00 | AA | buy | $44.830 | 0 |
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!