NFLX Trade on Jan 18, 2019 12:33 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

What a beautiful trade in NFLX.

I was pretty much already done for the day but kept watiching NFLX.

When it came back towards its premarket support and pivot at 318.50 I wanted to see how it reacts.

NFLX formed a nice decision-candle. REjection in its finest form. It traded really slow as we were in lunch hour. I was patient and used the next candle and break of lows for a small position.

For moments I was worried the level would break and set a hard stop at highs.

347 was my first target. Of course I could not wait and took a partial as NFLX broke below the 348 full dollar.

My first target was hit before NFLX ran up for a retest. I was about to take off the trade break-even, but said to myself I would wait it out!

NFLX formed a double top and triggershy as I am I did not use it to add back, but stick to what I had left. Tiny position.

At the EMA9 on 5m I took my partials way too early as it turned out. Missed another 4 points into the afternoon.


Execution detail:

Date/time Symbol Side Price Position
2019-01-18 12:33:00 NFLX sell $348.254 short
2019-01-18 12:35:00 NFLX buy $347.960 short
2019-01-18 12:37:00 NFLX buy $347.350 short
2019-01-18 12:45:00 NFLX buy $346.900 short
2019-01-18 12:51:00 NFLX buy $346.810 0


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