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 seller here took him to add. QQQ straight sell since open.
PT is a long ways away but nothing in the way to it.
Holding well, building above. Markets seeing short term bottom maybe. Popping up. Vol and RVOL very low here oddly.
APP real nice range, broke lower into D. Spread is wide so dealing with it. Market not pulling up but risk is less than I thought. Waiting. Good reclaim add if we look better soon.
Broke to LOD again, market now ripping higher. Still waiting
Made nice triangle into vwap, broke higher, failed hard dropped lod. Market on a tear higher. Stupid. Cut it for small loss. Not worth holding any longer. Should have been long gone by now. No rvol, failure, rel weakness. Not worth.
THINGS TO NOTE
Market was on a tear
I wanted SNAP and WDAY long but neither were trading at the level or levels I wanted to see them at.
Market led these trades.
Both made nice range under/around vwap and both tested below vwap from above, failed, and ripped higher to D trigger and then some.
So
When market is ripping, and stock I want is acting well. It is ok to get in on vwap ahead of time still.
These were not bad intrady bullish setup scenarios at all. Both had above avg RVOL and Option RVOL. Clear failed dips bought up and ripped along with strength in market.
Thursday
Bullish. All longs. Some great looking, well see what we can get.
There will be some news releases 15min into the open, market had nice gap up, now losing it though retracing to mid day range of yest. Probably best to wait and see but as Im looking at breakouts, I wont not take them if they trigger.
Busy
PLTR and SAVE
PLTR had nice pop, held well, took off partial on next HOD break with weakness. Being proactive, Market is just now starting to recover well and turn higher.
SAVE drifted into trigger, kind of a chase, but not quite. Smaller size, waiting for better setup.
PLTR drifted higher, took off partial again on 1min lo. Being proactive with profir taking, not concerned about catching everything. I need some gree. Will play this again if reset. Still have 1.
MGM at yest clear VA zone, failed bo. Total repeat of other BO names I saw yest with strong market, good RVOL. vwap failed dip buy into VA. And it ripped.
MGM had a real nice rip, not at D trigger want to be proactive and take quick, but reasons to hold are here. Will wait for better take op.
DAL I flat out missed DAL.
SAVE and other airlines pulling in. Didnt get size, no reason to hold for home run. Will take it off soon and maybe get rest. 75% ATR done. And cut it. Fine.
PLTR came to vwap and ripped up. Needs more consolidation still.
MGM returning to intrady bo and VA area. May be add chance.
Wanted to take MGM off earlier. Put order in, took it off. Mistake. Shouldve just taken the damn win. Not D trigger, good intraday setup, but HTF basis? No trigger. Now paying for it. Mistake was not taking small win because I 'missed' my chance to take bigger win earlier. Under vwap now.
PLTR had nice bounce from vwap, got to near HOD and sold back off. Took it all off.
MGM cut for loss.
I absolutely blew it today. I went to bathroom, came back to desk 3 min to bell, realized I hadnt set up my charts right or got any option tape windows ready. Bell range I was scrambling to get my shit together.
Today was the day to make a killing and erase several losses and I did not capitalize because I was not prepared on time.
Missed DAL, MRNA. Mistraded PLTR SAVE and MGM. Im small green. I should be huge green.
Friday
Market had strong day yesterday, still some great bullish setups out there. Gapping lower though to under LOD. Gonna be tough it looks like.
OPEN 1st to trigger. Had good momo and added.
into vwap clear buying here.
this is an odd one because of D location. Will need to take off into next HOD break as clear major anchVwaps are just above us. Seems unlikely to get clearly through with ease
Market strong, rvol holding higher, good option and tape. pulling into vwap and under, must deal still.
Broke LOD, must reclaim or out. Didnt and out. Shame seemed good.
JBLU also triggered but feels like i would be chasing. Waiting for better pull in. Fine with it.
1:1 with JETS etf. Market ripping higher. Reclaimed vwap. Not bad but not enough yet. Need more range.
ADSK
nice middle range vwap fail entry and add with momo and tape. Waited for it, got it and recovered nice. Market sitll strong and trending up, pullin for the minute.
ADSK has ok everything. Way above avg option RVOL. Good tape and vol spikes. Waiting for HOD break to take.
Dipped a bit again, held higher, turned up with tape and momo again. Added again. MOMO cuts are clear under vwap loss. Market getting choppy now internals trending up but not clean.
Getting above 293 to push into HOD with growing vol. Added on break again.
Risk is pretty big here, needs to run. Market looks like it may turn here, but cant hope. Need to see it.
LTF looks so good. Clear skies if we can bust HOD. Market turning up hard again.
Spread is a little wonky. HOD broken. Will take half. Market really turning up here.
Volume did not increase on this break. Bad sign. Given such empty space up here and option rvol, you would expect to see a bigger pop. We go nothing so far.
Took half off on tick lower. Do not chance it. All signs pointed for much more than this, to not see it happen, problem. Dont risk it.
And killed on the exit. Straight lower to vwap for rest loss. Overall tiny loser.
Ended up being the bottom, turned right backup to new HOD but spread only at same spot I took my partial.
KEY TAKEAWAYS
Entering a bullish intraday setup early is ok if
-Clear bullish action
-VWAP holds and or Failure
-Clear market strength
-High RVOL and Option RVOL
Have to be 100% ready every morning. Never know.
I really wasnt 100% in it to win it. Things on my mind other than trading.
1. My knee. I dislocated it last week at jiu jitsu
2. Gender Reveal party planning this weekend
3. Scanning Families old picture slides from 1940-80s
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