5/8 DRC
WORK
At open had an ice pop, failed and came back to my HTF level, saw a big buyer at 30.50 and got in in front of him. Failed and stopped out under.
Again we started consolidating under the .50 with hidden seller that mustve been 1million shares because he would not go away. We reset, tested lower again and I saw another big buyer, got long in front, he broke but we came back up anyways.
Slowly made a new high, PA was looking weaker but not giving up yet. Each dip and TL break got bought up right away. I couldnt really find any good places to add though.
A long time ago D R level was coming into play it seemed and struggled getting through it. Still trend is up and havent made any LL yet so trade remains on and I let it go until it stops me out.
Slowly made its way down there and got me out under the whole number. Was wedged in between S/R so have to wait a long time for it to prove something again.
SPCE
Broke HTF to stat the day and came off. Made a super tight triangle that broke with volume. I wanted a scalp here but only got small fill so I decided to make it an LT trade and look to add on pbs.
Got to .50 and broke it but went no higher. We pulled back to TL and HTF level and held. Big sellers showed up but we broke them and I added.
Saw another huge buyer come in and I added more. Not a lot though because my positioning really was not great. Had to wait for a deeper pb to HTF level for bigger adds as I cant reduce my risk.
Slowly creeping back up to HOD, respecting new TL and emas. But slow and low vol. Wont let it turn into a loss so break of TL and hold I exit.
TL broke but very very slow. No volume on these downturns anymore. Seems like buyers sitting on limits following it up. Big flood of vol came in, met by nothing and retraced back lower to TL.
TL broke and was met with some big bids. But wasnt enough and I stopped out on new LL.
Waited for a reset around HTF / VWAP.
NFLX
V strong open and came back to vwap / HTF breakout level. PA looked v good and we had a low vol pb after a new mini range high breakout. Got a small starter long at the TL along with SPY strength.
We started ticking up and I added more. Added on another rejection of vwap.
SPY broke out to the upside, NFLX followed I added more.
This whole time weve been around the HTF level, not quite above it. I see the strength just under it from VWAP but obv holding above the level is most important.
Now we have a problem with relative weakness. NFLX unable to make any moves higher above 440 into range high. I have a TL from LOD in play if it starts holding under I am out.
SPY made new HOD, NFLX not much reaction.
Then we did have a reaction. NFLX finally broke it and I doubled down, SPY v strong looking. Stop was now a little tighter and risk is on point. Little volume bump.
RVOL at .5 so will have to tolerate pbs against me. V clear area for stop out. TL in play with HTF level and prev range highs. If it fails to hold above past range will get out. 440
Picking up volume as we keep rolling higher. Big offer at 441 taken out right away.
Came down to TL and whole number and reject fast. Wanted to see a chance to add but NFLX to light cant really see any tape action to add off of. Would just have to go for it.
Perfect stop was created though right at whole number for a breakeven trade.
Broke trendline with no volume increase or selling. On next few ticks up saw some good buying. SPY still up.
Veeeerrry slow. Failing to make new highs. Micro triangle in the works. Stop moved up more. And stopped out. Could look for re entry ad there is still a TL coinciding with HTF level. But head hurts and I want to start my weekend. Weekly review later.
At open had an ice pop, failed and came back to my HTF level, saw a big buyer at 30.50 and got in in front of him. Failed and stopped out under.
Again we started consolidating under the .50 with hidden seller that mustve been 1million shares because he would not go away. We reset, tested lower again and I saw another big buyer, got long in front, he broke but we came back up anyways.
Slowly made a new high, PA was looking weaker but not giving up yet. Each dip and TL break got bought up right away. I couldnt really find any good places to add though.
A long time ago D R level was coming into play it seemed and struggled getting through it. Still trend is up and havent made any LL yet so trade remains on and I let it go until it stops me out.
Slowly made its way down there and got me out under the whole number. Was wedged in between S/R so have to wait a long time for it to prove something again.
SPCE
Broke HTF to stat the day and came off. Made a super tight triangle that broke with volume. I wanted a scalp here but only got small fill so I decided to make it an LT trade and look to add on pbs.
Got to .50 and broke it but went no higher. We pulled back to TL and HTF level and held. Big sellers showed up but we broke them and I added.
Saw another huge buyer come in and I added more. Not a lot though because my positioning really was not great. Had to wait for a deeper pb to HTF level for bigger adds as I cant reduce my risk.
Slowly creeping back up to HOD, respecting new TL and emas. But slow and low vol. Wont let it turn into a loss so break of TL and hold I exit.
TL broke but very very slow. No volume on these downturns anymore. Seems like buyers sitting on limits following it up. Big flood of vol came in, met by nothing and retraced back lower to TL.
TL broke and was met with some big bids. But wasnt enough and I stopped out on new LL.
Waited for a reset around HTF / VWAP.
NFLX
V strong open and came back to vwap / HTF breakout level. PA looked v good and we had a low vol pb after a new mini range high breakout. Got a small starter long at the TL along with SPY strength.
We started ticking up and I added more. Added on another rejection of vwap.
SPY broke out to the upside, NFLX followed I added more.
This whole time weve been around the HTF level, not quite above it. I see the strength just under it from VWAP but obv holding above the level is most important.
Now we have a problem with relative weakness. NFLX unable to make any moves higher above 440 into range high. I have a TL from LOD in play if it starts holding under I am out.
SPY made new HOD, NFLX not much reaction.
Then we did have a reaction. NFLX finally broke it and I doubled down, SPY v strong looking. Stop was now a little tighter and risk is on point. Little volume bump.
RVOL at .5 so will have to tolerate pbs against me. V clear area for stop out. TL in play with HTF level and prev range highs. If it fails to hold above past range will get out. 440
Picking up volume as we keep rolling higher. Big offer at 441 taken out right away.
Came down to TL and whole number and reject fast. Wanted to see a chance to add but NFLX to light cant really see any tape action to add off of. Would just have to go for it.
Perfect stop was created though right at whole number for a breakeven trade.
Broke trendline with no volume increase or selling. On next few ticks up saw some good buying. SPY still up.
Veeeerrry slow. Failing to make new highs. Micro triangle in the works. Stop moved up more. And stopped out. Could look for re entry ad there is still a TL coinciding with HTF level. But head hurts and I want to start my weekend. Weekly review later.
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