FDX Trade on Dec 21, 2018 10:21 from MarcoG: Tradervue User Stock Trades.

Yoooooo!!!!!!!!

I am applying my strategy and can't wait for Wednesday to come. Thanks god it will be Wednesday again :D
I have already my new point of focus. It is how to manage a profitable trade. Definitely this is the "next step" in the development of my trading practice. It arrives now when I have achieved what could be a possible edge to trade for the next months, after have tested me and my attitude with several kind of scenarios / approaches. Now I can finally focus no longer on entry and exit, they are more clear for the moment but I can stay on trade management when a profitable trade!!

While the SPY was testing the upper speed line having a bullish trend, FDX was staying below the opening range as you can clearly see from the chart below. As soon as SPY failed the upper speed line FDX was in perfect alignment testing the VWAP with a failed eMA cross up and spiking selling volume. This gave me confidence to anticipate the entry just few cents above VWAP. It was a great opportunity Risk/Reward related and also considering the overview on the SPY. I was following stocks weaker when SPY was pushing up but few were aligned with a SUPER setup. FDX was then the only one within them to be still just few cents close to VWAP, for me a big sign of weakness. I didn't wait for the eMA to fade but anticipated the entry.

Still for a reason or another I am not able to get the most of what the trade offers though a remark this time: I did not anticipate the stop. Due to the limited shares number only 3, at about $1.30/share profit I had only 1 share left thus I have closed the position once back at 1$/share to don't lose realized profit.