AAPL Trade on Jan 29, 2019 09:49 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

AAPL started to rally out of the Open and I saw it come towards the high from two days ago and a local high at 158,13. I had this level marked down premarket as possible Resistance and watched close into 158.

RSI was high and I was waiting for a break and test of the .13ish level to short on the low of a decision-candle and breach of the full dollar.

There was no Decision-Candle, but the level was hit to the cent and tested. When AAPL showed difficulties of making higher prices I took an Entry on the way down to anticipate the break of 158. Good Entry. I had a hard Stop above highs.

AAPL traded around that level for a moment and I had my eyes to hit my exit in case of continuation to highs. AAPL sold off though and I took my first partial a bit too soon into .75, but wanted to take profit in case we retest highs. As AAPL was strong out of the Open I expected it to go further.

AAPL sold off more than I expected before testing the backside. Into the half dollar I took off more. Stuck with the rest.

I watched the run into the backside, but did not add back as I did not see a clean entry at the time. In hindsight there was a nice decision-Candle, but it being so long and tall I did not have much faith in it. Just stuck with what I had left.

Did really good on the rest and was patient. At the end not patient enough as I left quite a bit on the table.

When AAPL hit lows and formed a beautiful Bottom Bounce Decision Candle I was so focused on FB that I did not have the confidence in taking a trade. Bummer. Be patient and only take trades with sufficient signals!


Execution detail:

Date/time Symbol Side Price Position
2019-01-29 09:49:00 AAPL sell $158.020 short
2019-01-29 09:52:00 AAPL buy $157.750 short
2019-01-29 09:53:00 AAPL buy $157.550 short
2019-01-29 10:07:00 AAPL buy $157.070 short
2019-01-29 10:37:00 AAPL buy $156.420 0


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