My first entry was not very clean. There was a Decision-Candle however and I even waited for the next candle to open to sell the lows. Spread was wide and TSLA stronger than I thought. Small loss on half, but should have taken off the trade instead of sticking with it to wait for better entry.
My next and first add was not very clean and rather a move above 346.50s. There was some rejection and a decision-candle formed in process. Lows were never cracked. Bad Add.
On the reject of 348 were way better opportunities as that level was tested several times.
For my next add I did good and used the pivot at 348.50 and doubled my position to an ok average. It still felt way too high and I wanted to add way more towards 349.50-350. That didn't happen and I was stuck wwith a rather small position.
Still I felt nervous and a bit anxious about it not sure whether TSLA would make a run for VWAP.
It did and I took off half way too early at my break-even, but was glad that 347 support that held before finally broke.
VWAP was hit as well, but I was not patient enough and took my partials on the slightest looks of a bottom and pullback.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-15 10:19:00 | TSLA | sell | $343.760 | short |
2019-01-15 10:20:00 | TSLA | buy | $343.930 | short |
2019-01-15 10:44:00 | TSLA | sell | $346.563 | short |
2019-01-15 11:30:00 | TSLA | sell | $347.250 | short |
2019-01-15 11:58:00 | TSLA | sell | $348.410 | short |
2019-01-15 12:32:00 | TSLA | buy | $346.060 | short |
2019-01-15 12:32:00 | TSLA | buy | $346.670 | short |
2019-01-15 12:54:00 | TSLA | buy | $345.628 | short |
2019-01-15 13:03:00 | TSLA | buy | $344.765 | 0 |
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