NFLX Trade on Nov 15, 2018 10:24 from boldandnuts: Tradervue User Stock Trades.

VWAP-Fade in $NFLX

$NFLX also just chopped around without elevated RVol. From yesterday I had 284 and 286 as important levels marked and 278 below for support and 289 to 291 and 294.50 for resistance.

291 turned out to be the high after The Open, but I did not trade it due to the lack of volume and small distance away from VWAP.

After $NFLX found a bottom at 282 and made a run back to VWAP that I missed I watched closely, but did not place an order at 286.73 (yesterday close). It was the peak! Instead I used the low of the decision candle at VWAP and the break of the full dollar at 286 for an entry.

Great Entry. $NFLX traded very slow and remained somehow hesitant to sell off and my order at 285 was filled just on the 2nd attempt. For a moment I struggled with myself whether to take off the trade, but 286 retest was respected and I stuck with it.

The second Exit was a moment too early, but taking the last piece off into the pullback was perfect.

A perfect Backside-Trade I did not take as my order was just filled on a spike down.