Good setup... it was in the first 15 minutes so the price action patterns happen pretty quickly... but it was definitely apparent that offers were not budging between 22.65-22.70 and it ended up forming a micro H&S pattern on the 1m chart...
How could I have traded it better/bigger?
1. Could have added size after I saw offers hold 22.67 a 2nd time and formed a lower high
2. Even if I didn't add, I could have exited better by waiting to see if 22.50's held as support.. .had I waited... I could have at least gotten out at 22.45-22.50 rather than 22.54.
3. Also, I could have re-entered once I saw offers begin to hold at 22.50's after a very weak bounce.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-08 09:39:41 | AMD | sell | $22.640 | short |
2019-02-08 09:42:29 | AMD | buy | $22.540 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!