9/17 DRC

Markets in a very interesting spot still. Giant failure on SPY and others leading to our premarket selloff already gapping down well below levels I wanted short at. And on the other side, Banks, air/cruise/beatdown all super strong yesterday looked great for more upside, now halting that idea for the moment but potential is still here.

Edge to the bears, thats a pretty big fail we had higher up and huge rejection with volume. Thinking we got more downside so will end up shorting good bearish price action. If im lucky we got a solid pop at the open back to these levels so we have a clear area to be short against with a retest of it. If not, just means we are that weak. 

My trading is good. My lack of trading is what is killing me. Take all the trades. Get in where youre supposed to. Take the breakouts, look to add to it after. Re enter when necessary. Size appropriately. 

SPY VXX AMZN DOCU FSLY LAKE SHOP Banks/Air/Cruise/Beatdowns

VXX

Coiling tight above bo level at the bell, will see if it can hold. SPY strady downtrend, popping up a bit into open.

Clear huge buying before open. 

WORK

popped into level and saw hidden sell take everything. Missed best entry but in smaller size. SPY rising atm. 

Added on good action again, cant get good fill here. 

All out for small W, cant hold under vwap and SPY ripping higher still. 

-------------------------------------------------------------

Re entry, couldnt stay above 25 with hidden sell, back in and added with great entries and good tight risk.  SPY turned, we broke 1 pivot, 2 left. 

And another, LOD at .75 just below we look good for it, SPY not losing it yet. 

Was up 3R, came back on me all out.

-------------------------------------------------

Turned made new low, into LOD with SPY help back in small size to let be. Odd action atm. 

If market wants to turn lower this is it, looking for this to get to D bo level at 24.20

Made new LOD by a penny, SPY ripped right back up again, not flushing here either, might be done well see still giving space. 

Broke TL back uop into vwap. Sell is still here, SPY struggling to move higher. Well see.

Broke above vwap and pivot saw quick reject and I add. SPY just exploded higher. 

WORK not responding strong at all, still weak but being very cautious here. If I can esapce with a W id better take. Cant all out decent loss. 

--------------------------------------------------------

Back to prev lo and rejecting again, SPY stalling up here, market seems like its a turning point with other names seeing them fail breaks as well.

LLY

HOD break and seeing nothing, maybe turn. 

Popped higher into level again, sellers came in stepped lower and in along with SPY dropping 

Popped to stop, saw bid, taken out with big sell added more, SPY not recovering, added again.

Dropped again added and broke pivot, loooking for vwap to be out again, SPY maybe turning up again though, no follow through on break. Tape is here but vol is not yet. 

Ripped my face off F me. 

RRGB

Market not weak. RRGB coiled strong all day so far, above old bo level, looking good for more, got in on pivot break, looking to add more if it goes now. 

Added as we held sideways a while and made new high again. Looking for this to get to 15. ATR would put us right at it. 

Added again as we looked good into HOD, but failed and came down to TL. Failed that too now and ripped back up. Added a bit more with new stop. 

Market rolled over all out. 

DDOG

made hod break a while ago, failing this whole time building under HTF levels. Making nnice TLs too, broke lower on one, failed but v tight with MAs now. Would like to see fail higher 1st. 

Did see it fail on super low vol and im in. SPY still up and strong DDOG seeing none of it. 

Added as we pushed lower, SPY turn as well. Into pivot break, needs to flush here under vwap. 

And we did, and then ripped up, and then big bid showed up and we couldnt break him so now all out small W. 

--------------------------------------------

And then we did break him, back in small size SPY really turned lower. 

Nice move under vwap, looks good SPY still weak. Id like LOD here, 1st pivot at 86.40 then lod at 85.50

Made range under vwap, tested above rejected lower added more. 

Failed that, ripped higher with SPY. 

All out as it didnt reclaime vwap on test above. 

ALT

strong name, making falling wedge into HTF levels and under vwap. Waiting for slightly better action to get in, want retest of prev hi again. 

Already broke lower and bought up with good vol, trade is here long. 

Didnt get test but got tape and vol cues on break above 15 and im in. 

Into vwap and decent off, see if we can get past, should with vol and tape. And we did, trying to add small. Not gonna get it. 

Excellent break. Up 2R already. Looking for HOD break from this at 15.63 in at 15.02

Just collapsed on me. Fucked me good. 


FSLY

Strong open, lost it all, held under levels now, made mini range tested above failed a break higher back to bottom, looking to short breakdown smaller size and in. 

VWAP 1st thing to beat.

Came up on me to HTF level mid range, well see. SPY sideways 

Broke TL from HOD above HTF level with some vol and tpae buying, if fails this is add. Didnt and out. 

IQ

strong all day, coiled above vwap stuck under .63 and vol growing SPY new HOD looks great for upside.

We broke and I added big, huge vol increase. Huge offer above us at 22.70 too. Well see. Market strong.

Cant quite move anywhere yet, still holding. 

Now making moves with good buying. Lots of levels here .70,.72 HOD .80 and prev hi and dbo at 22.89

Not impressive bo at all here, not seeing any vol or buying, no selling either. Staying with it. 

Hasnt lost anything yet, giving me stop to work with. TL from LOD in play 

Couldnt reclaim anything, hit .58 and I hit out, 1st thing it does is go right back to breakeven. 

TRIL

Strong bio name. Momo scalp on breakout. V tight with great MA S and vol kick on break. In and added.

Right above HTF bo level as well, is A+. 

Made bo added more. Decent offer at the half dollar

Broke it, and stuffed me lower. Again another fuck you candle. Held through and came back up for me. I lied, all out. 

WORK

Long now, momo scalp great setup. 

In and added on break, huge candle. Tons of short squeezes out there right now. 

Vol not here but candles huge. 

Couldnt do it out breakeven. 

Seems to run into hidden buyer on pb. Might be re entry. 





Im calling it early. Another big red day. I do not know what is going on with my trades or this market. Everything is screwing me hard. I get good wins, Market erases them. I get good entries, terrible pullbacks, stops me out, comes right back where I wanted. Makes no sense to me right now. I cannot catch a break.  This market is refusing to let me walk away from a trade unharmed. 

Im tired of losing. Im tired of being emotional and pissed off every second. Im not going to trade tomorrow. Im going to review trades and find out what the hell im doing wrong. Im going to rework my process and how I record trades. Going to spend the rest of today tomorrow and the weekend on these. 

Comments

Popular posts from this blog

Trading Plan

MTX

11/30 DRC