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Showing posts from September, 2021

September 3rd Week

 Monday Didnt trade anything. Gap down, nothing for me to do or chase.  Tuesday Better clear action. DELL, in on HOD push and added on HOD break into D break.  Big tape buy, market also turning up. Waiting.  Stalling out, not moving, cutting adds if cant reclaim asap.  Lost vwap popped under, cut momo adds. Will get in again if we run again.  102 seems to be hidden sell maybe. Struggling to get through, market now ripping higher  Trade can be reset, 102 clear R, if we can get through stop is reduced to range low under vwap. Will add to og position and momo adds if there.  Broke under range and vwap, must hold to see if reclaim still. Def still worth staying in, seen good buying.  Bot for a minute, but then collapsed. Out all. Small loss. Good job cutting the momo adds. Saved it.  Wednesday Focus is on less. Only 7 names. 2 setting up at open.  Waiting for something good, no need to chase.  APP trigger at open and rip. Random se...

September 2nd Week

 Monday     Close was terrible, weak all day and closed weak, looking like more to come still.     Gap up though, will see what happened with it COLM     10star bo setup swing. In bigger     Lost LOD, market not strong at all, waiting     Reclaimed well, waiting for more info to see if add     Whole market downturn, held well. Reclaimed vwap and had big vol spike above prev day hi again, added one more.      Blew up on new HOD push, internals and market coiled real well and moved up.      Missed add chance, got it on PB. Market made new lod quick and heavy. Might be problem as weve now lost vwap again.      Losing more, couldnt hold above, problems. Needs to recover soon or will just end up taking larger losss. Waiting     MAs on HTF look bad, cant get back above. Bailing asap.      Couldnt bust lower, ended up reclaiming above and again making...

September 1st Week Journal

 Long weekend, things maybe slow to start back up again. Things looking good though, have 4 swings I held over weekend, big ones NTLA and KNBE. Open is weak, seeing some sell in some names. KNBE a shame, gapped up 3%, now down 3% not at cut level yet Flat put not a great open. Market weak and straight sells and failures across watchlist. TGH strong vol breakout added to swing GFL slow pullin, seems fine still NTLA nice grind higher and hold, no real warning signs here other than market and etfs. Industry stocks may be issue though.     -Thinking I need to be protective on this one. Im decently big for a widespread name and market weakness. Ill give it vwap to cut more size KNBE bad. Not at cut level yet but serious sell and fail to reclaim. 1.7ATR move lower. reasons to bounce? NTLA made clear range under vwap and bailed most for breakeven. Bad look, bad market, bad etfs and mainly bad action. 1 left of 5 will let go to original cut NTLA totally collapsed past cut level. ...

Renaming Setups

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 REVIEWING BEST SETUPS The goal here is to look at my best all time trades and their Daily setups, see whats in common, and come up with new ways to label my setups. Ive been labeling my daily setups as simple triangle breakout, or breakout + failure, or pullback + failure. There are a few other major variables I would rather label these by.  Taking the tallies. Ive got 31 trades to look at.  Less than 1 month consolidation //////// 1 month consolidation /////// 2 month consolidation ///////// 3 month consolidation /// 3+ month consolidation ///// Out of consolidation ///////////////////// 21 Run up to breakout ////////// 10 Value Area Top Edge /////////////////////// 23 Value Area Middle /////// 7 Very Thin Prominent VA ////// 6 No Significant VA / Breakout ////////////////////////////////// All Day of..  Anch Vwap from ATH Reclaim /////// 7 Anch Vwap from ATH Bounce Above ATH Anch Vwap ////////////////////// 22 Above ALL Anch Vwap ////////////////////// 22 Anch Vwa...

August Last Week Review

 Monday     -Starting with a decent amount on watch, market looking super bullish, ready for longs. TSM 1st trade, building well under d and bo level, seeing some odd sell here, maybe refresh but we keep breaking and pushing into bo level. In and added, waiting to add again. Might be problem to start this day, lots of weakness, failed moves, straight sell from bell.  TSM definitely a battle, there is buying under vwap with big bids, offers will not budge either though.  I have a clear out under 118.80 with huge bid there, there will be a lot of trapped longs in this Clear rel strength against everything, industry, market, other bo, China names. If FXI KWEB can bottom and turn up with others, this may rip very well. RVOL is 1.3 20mion in, Option rvol is above avg.  Broke lower and snapped, out asap. I noticed on 30min that the 50ma is in play and held well, also we broke LOD into it and held well again on big vol, now reclaimed vwap and held a dip,...

August Monthly Review

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1ST WEEK SUMMARY -Missing trades cant happen.        -Pay that spread regardless. You dont know if its the next win to cover 10 losses. -When the trade triggers, it triggers.      -Get in, save best risk for best setup. -Size is secondary to being in your idea.  -Taking too many lesser setups     -Into S/R     -Shorts when mkt at ATH -Need to do much better at exiting after vwap loss 2ND WEEK SUMMARY -XEL exited following rules on 2nd day, but..     -Swing trade     -2nd day     -Utility name               -I need better 2nd day rules -Slow week, market pulled in, not much to do, good job not overtrading. 3RD WEEK SUMMMARY -Slow vacation week.  4TH WEEK SUMMMARY -News shakeouts caused me to bail on a lot of good swings that deserved re entry    -Re entry is the problem here -Giving up too much potential by taking off too much sized at...