8/21 DRC
Yesterday my trading was a bit messy. Problems were
-Always be charting TLs
-Get back in
-Breakouts dont only mean scalp the move only. Big picture. Leave some on.
-Run for the exit dont walk. When I walk I lose money. Follow trade management rules
Today just looking to trade well and follow my rules. Things have been working well, need to stick to what has been working best for me.
Market gapping lower a bit. Making my longs a bit harder to see at the open. Some are there some not but overall sticking with long side. Dont have any shorts today.
1. Take trades at prev hod/lod dbo levels only.
2. RE enter trades on big picture idea and level breaks
3. Always be drawing TLs to find places for re entry.
4. Proper size and adds
PFE
Great failed short on D. Weak pmkt but gapping up big. Looking for pb to prev hod for long.
Got what I wanted with good tape but couldnt keep popping higher for me. Decent loss.
Tried again, no go.
And again, but SPY turned lower on me PFE followed.
FSLY
Nice pop at open, came to lod and found good buying alongside prev hod, got in and added, but fell really fast on me took a big L.
Ok taking a lot of losses real fast here. Need to chill and wait for a solid setup.
BABA
Sideways open, made LOD and failed reclaiming prev HOD above vwap. Looking for pb long.
Broke under to lod but not new, and back above again.
Got it and in and added max bp. Broke above vwap and recent micro range, market strong, looking for HOD here.
Selling is here though.
Came down on me to entry, all out for small win. Want back in if here.
Vol is odd, offers are huge and here always, vol is low on this attempt higher. And theres the upside vol. Missing it. Really blew that one. .
Screwed myself out of another $1000 win.
AMD
good pop at open, lost it into new LOD into prev hod. Looking long. 1st attempt bought hard, looking at 2nd for another in.
SPOT
weak open, reclaimed with good structure, looking for prev hod to hold with buying.
Broke a bottom TL under vwap sellers chance now, were seeing bids her holding, may fail and pop.
Dropped lower, later reclaimed trade back on again.
We broke above range and TL with small vol kick and bids stepping up. Im in on that break. MAs v tight under and looks like turning point. A+ and fav, waiting to get bigger.
Added as bids stepped up, filled and right away dropped lower past stop and all out.
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Faked out lower, back up again trying to get in.
CNK
Strong pop at open above prev hod, nice retrace with vol cues and possibly failed breakdown.
And got it, flushed on me right away but able to hold on and get pretty big. Expecting new HOD from this. We just reclaimed all R. MAs and level, trendline break as well and vol and buying here. 1st pivot break at 12.62
And taking a fat loss on that one as it turns lower again.
H
All over to start the morning, just reclaimed vwap MAs and prev hod, breaking down now looking for buys to long.
Well I have done screwed myself pretty good today. Down a lot. Almost giving back whole week. Giving myself one more shot.
CNK
Reset and reclaimed. Nice pop above vwap now back to HTF level + vwap + TL, great spot.
SPY just now losing vwap and weak after failing a big breakout at prev hod. Not a 9 star trade right now, might have to skip it.
OK now 10 star, tape is here and SPY ripping up again. Waiting to see us move though, tight 5 min 3 cent range made on v low vol. HTF charts with MAss right under, great spot for entry.
And another 5 min 2 cent range candle made, very very tight here. Not seeing any real selling, nothing but buys but unable to move so far.
Flashed .52 and I hit in as seller reclaimed .51
Didnt last though got above again wanting to add .53
Got it and then some, broke big offer and bids following and added more. Pretty big here already up +1R. PT is above recent pivot at .68
Candles look great but volume is not here. Short float at 15% and they are in trouble really would e nice to see it we got starter cues but vol only thing lacking right now. Got to .60 falling back a bit. Wont let it go much against me, needs to be gone. SPY also just dumped hard lower and lost vwap ass.
Nope and all out for a small loss. Looking to get back in.
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SPY looking awful now and internals matching weakness. CNK breaking TL. Into prev hod above vwap and spiked higher. Missed chance for best RR have to wait, not taking breakout RR is bad, Need price. If I miss here I miss thats alright. Only re enter when its clear and RR still favorable. HOD can still happen but id rather not set expectations that high yet.
MAs super tight under price and flagging out again, New bottom TL just under price, really wanting a breakdown here to get bought up. SPY did break down and already failing it coming back up.
Structure now setting up for an ok re entry long breakout. We cant get under .53 yet so until we do, clear breakout entry is here.
Time has cause us to lose TL, we are not dropping though, re entry is here if we start moving higher. Offer showed up now.
Did break lower into vwap and HTF and bounced up with bids here again. Waiting to get in on some more momentum higher. Nope broke lower.
LYV
Built sideways above vwap and dbo level. Just broke TL higher, failed, now breaking one lower, looking for fail here to get long. Great tight action good RR. Must have buys here though to keep it that way.
And we got it, came back up bids big and stepped higher following. Added a few times looks great. Got above recent pivot with vol and buyers, looking to continue. SPY selling off though is not going to help. Retested vwap and looks terrible now. RVOL here .8 so well need something special to keep me in.
Structure so tight. Gotta go here. Came back up to recent high. All MAs right underneath, SPY turning back up. Cant do it yet. Recent low at 52.02 HTF at .03 vwap at .01 and whole number. As tight as it can get here. Going to add more if I see it. Just sitting above vwap atm, vol dropped a bit. Problems.
Needs .10 for recent pivot break, then .16 for next and .25 for PT.
Saw us popping and added more max BP.
Broke pivot, and next one. We popping hard. Vol is not here though. Up +2R stop at be. This is explosion point lets see. If not, warning signs and need to set stop at 50%.
Bids following though so we look ok still. Just shy of +3R, going to keep stop at +1R, vol is not here. Candles look great but vol is not defining this as a successful move. Either way we continue higher.
Covered half in front of PT. Bids dropped, vol low, seems like were losing steam already. Taking it. Stop is in for rest at 52.11 or +1R And all out. Looking for re entry at better prices again.
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Major TL from lod and other just under us now above vwap. Might completely reset here.
GOOG
Strong open, lost it all back to prev hod. Got back above and vwap made range above, breaking down now, looking to get bought. Breakdown v low vol.
Slow name so might take a bit, not seeing it yet.
Didnt see it, broke under all and vwap into TL. Not good enough, have to wait on reclaim again.
Resetting much later. Coiling tight under vwap with prev hod just above at range high. Thinkig momentum long here if we can get above this range. HTF MAs v tight. Also Tl break from HOD happened, we pbs into it and held. Market still up and strong
We got up to top range and bids are here. Slow name still rvol still at 1 this late in day. SPY helping. Mightve gotten ahead of myself on starter we didnt actually break.
And I did. So my mistake getting in. And my mistake getting out. Took bigger L that wanted.
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Dipped lower, came right back up to top of range. SPY also at HOD looking ready to breakout. RVOL still at 1. Resetting trade here.
Got above and im in. Failing right away on me already right to stop without a transaction between.
Big bid came in, rest of FANG also popping up. Added more.
Nothing to do but wait. Stop is under that bid.
And failed on me
And we are in again, it gets back above, makes new high, and then stuffs me again right away killing me goog.
Came down to vwap right at stop and finding bids here. May not be dead yet. Markets been blasting off. FANG as well. Not goog yet. Still has good structure.
Added as we popped up and made new high, back above all MAs on 1 and 5 and 15. Everything points up.
And SPY and FANG exploding higher again, GOOG followed a bit, started perking up. Again though stuffing but everything points up still. Have to see it. Just cant do it all out
OSTK
Repeat of BA a while back. Big TL and tight Mas making me think momo scalp higher again for some relief. Vol kick and SPY new HOD. Fucked me hard on stop out. Completely stuffed me.
Went again as I saw big bid come in and still possible pop but taken out and out again.
Pretty bad day. Not much after the huge misses on BABA and SPOT. Need to focus on Weekly.
-Always be charting TLs
-Get back in
-Breakouts dont only mean scalp the move only. Big picture. Leave some on.
-Run for the exit dont walk. When I walk I lose money. Follow trade management rules
Today just looking to trade well and follow my rules. Things have been working well, need to stick to what has been working best for me.
Market gapping lower a bit. Making my longs a bit harder to see at the open. Some are there some not but overall sticking with long side. Dont have any shorts today.
1. Take trades at prev hod/lod dbo levels only.
2. RE enter trades on big picture idea and level breaks
3. Always be drawing TLs to find places for re entry.
4. Proper size and adds
PFE
Great failed short on D. Weak pmkt but gapping up big. Looking for pb to prev hod for long.
Got what I wanted with good tape but couldnt keep popping higher for me. Decent loss.
Tried again, no go.
And again, but SPY turned lower on me PFE followed.
FSLY
Nice pop at open, came to lod and found good buying alongside prev hod, got in and added, but fell really fast on me took a big L.
Ok taking a lot of losses real fast here. Need to chill and wait for a solid setup.
BABA
Sideways open, made LOD and failed reclaiming prev HOD above vwap. Looking for pb long.
Broke under to lod but not new, and back above again.
Got it and in and added max bp. Broke above vwap and recent micro range, market strong, looking for HOD here.
Selling is here though.
Came down on me to entry, all out for small win. Want back in if here.
Vol is odd, offers are huge and here always, vol is low on this attempt higher. And theres the upside vol. Missing it. Really blew that one. .
Screwed myself out of another $1000 win.
AMD
good pop at open, lost it into new LOD into prev hod. Looking long. 1st attempt bought hard, looking at 2nd for another in.
SPOT
weak open, reclaimed with good structure, looking for prev hod to hold with buying.
Broke a bottom TL under vwap sellers chance now, were seeing bids her holding, may fail and pop.
Dropped lower, later reclaimed trade back on again.
We broke above range and TL with small vol kick and bids stepping up. Im in on that break. MAs v tight under and looks like turning point. A+ and fav, waiting to get bigger.
Added as bids stepped up, filled and right away dropped lower past stop and all out.
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Faked out lower, back up again trying to get in.
CNK
Strong pop at open above prev hod, nice retrace with vol cues and possibly failed breakdown.
And got it, flushed on me right away but able to hold on and get pretty big. Expecting new HOD from this. We just reclaimed all R. MAs and level, trendline break as well and vol and buying here. 1st pivot break at 12.62
And taking a fat loss on that one as it turns lower again.
H
All over to start the morning, just reclaimed vwap MAs and prev hod, breaking down now looking for buys to long.
Well I have done screwed myself pretty good today. Down a lot. Almost giving back whole week. Giving myself one more shot.
CNK
Reset and reclaimed. Nice pop above vwap now back to HTF level + vwap + TL, great spot.
SPY just now losing vwap and weak after failing a big breakout at prev hod. Not a 9 star trade right now, might have to skip it.
OK now 10 star, tape is here and SPY ripping up again. Waiting to see us move though, tight 5 min 3 cent range made on v low vol. HTF charts with MAss right under, great spot for entry.
And another 5 min 2 cent range candle made, very very tight here. Not seeing any real selling, nothing but buys but unable to move so far.
Flashed .52 and I hit in as seller reclaimed .51
Didnt last though got above again wanting to add .53
Got it and then some, broke big offer and bids following and added more. Pretty big here already up +1R. PT is above recent pivot at .68
Candles look great but volume is not here. Short float at 15% and they are in trouble really would e nice to see it we got starter cues but vol only thing lacking right now. Got to .60 falling back a bit. Wont let it go much against me, needs to be gone. SPY also just dumped hard lower and lost vwap ass.
Nope and all out for a small loss. Looking to get back in.
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SPY looking awful now and internals matching weakness. CNK breaking TL. Into prev hod above vwap and spiked higher. Missed chance for best RR have to wait, not taking breakout RR is bad, Need price. If I miss here I miss thats alright. Only re enter when its clear and RR still favorable. HOD can still happen but id rather not set expectations that high yet.
MAs super tight under price and flagging out again, New bottom TL just under price, really wanting a breakdown here to get bought up. SPY did break down and already failing it coming back up.
Structure now setting up for an ok re entry long breakout. We cant get under .53 yet so until we do, clear breakout entry is here.
Time has cause us to lose TL, we are not dropping though, re entry is here if we start moving higher. Offer showed up now.
Did break lower into vwap and HTF and bounced up with bids here again. Waiting to get in on some more momentum higher. Nope broke lower.
LYV
Built sideways above vwap and dbo level. Just broke TL higher, failed, now breaking one lower, looking for fail here to get long. Great tight action good RR. Must have buys here though to keep it that way.
And we got it, came back up bids big and stepped higher following. Added a few times looks great. Got above recent pivot with vol and buyers, looking to continue. SPY selling off though is not going to help. Retested vwap and looks terrible now. RVOL here .8 so well need something special to keep me in.
Structure so tight. Gotta go here. Came back up to recent high. All MAs right underneath, SPY turning back up. Cant do it yet. Recent low at 52.02 HTF at .03 vwap at .01 and whole number. As tight as it can get here. Going to add more if I see it. Just sitting above vwap atm, vol dropped a bit. Problems.
Needs .10 for recent pivot break, then .16 for next and .25 for PT.
Saw us popping and added more max BP.
Broke pivot, and next one. We popping hard. Vol is not here though. Up +2R stop at be. This is explosion point lets see. If not, warning signs and need to set stop at 50%.
Bids following though so we look ok still. Just shy of +3R, going to keep stop at +1R, vol is not here. Candles look great but vol is not defining this as a successful move. Either way we continue higher.
Covered half in front of PT. Bids dropped, vol low, seems like were losing steam already. Taking it. Stop is in for rest at 52.11 or +1R And all out. Looking for re entry at better prices again.
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Major TL from lod and other just under us now above vwap. Might completely reset here.
GOOG
Strong open, lost it all back to prev hod. Got back above and vwap made range above, breaking down now, looking to get bought. Breakdown v low vol.
Slow name so might take a bit, not seeing it yet.
Didnt see it, broke under all and vwap into TL. Not good enough, have to wait on reclaim again.
Resetting much later. Coiling tight under vwap with prev hod just above at range high. Thinkig momentum long here if we can get above this range. HTF MAs v tight. Also Tl break from HOD happened, we pbs into it and held. Market still up and strong
We got up to top range and bids are here. Slow name still rvol still at 1 this late in day. SPY helping. Mightve gotten ahead of myself on starter we didnt actually break.
And I did. So my mistake getting in. And my mistake getting out. Took bigger L that wanted.
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Dipped lower, came right back up to top of range. SPY also at HOD looking ready to breakout. RVOL still at 1. Resetting trade here.
Got above and im in. Failing right away on me already right to stop without a transaction between.
Big bid came in, rest of FANG also popping up. Added more.
Nothing to do but wait. Stop is under that bid.
And failed on me
And we are in again, it gets back above, makes new high, and then stuffs me again right away killing me goog.
Came down to vwap right at stop and finding bids here. May not be dead yet. Markets been blasting off. FANG as well. Not goog yet. Still has good structure.
Added as we popped up and made new high, back above all MAs on 1 and 5 and 15. Everything points up.
And SPY and FANG exploding higher again, GOOG followed a bit, started perking up. Again though stuffing but everything points up still. Have to see it. Just cant do it all out
OSTK
Repeat of BA a while back. Big TL and tight Mas making me think momo scalp higher again for some relief. Vol kick and SPY new HOD. Fucked me hard on stop out. Completely stuffed me.
Went again as I saw big bid come in and still possible pop but taken out and out again.
Pretty bad day. Not much after the huge misses on BABA and SPOT. Need to focus on Weekly.
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