2020-8-7 <SIM>
Well this looks better !
+2.93R For the Day !
TRADE 1
$Z One Minute ORB
+1.9R
This is a great way to start the day !
TRADE 2
$Z FIVE MIN ORB
-.02R
Long at 80.50, partial at 81.08. Set stop to break-even. Stock continued to run, but I moved to watch other tickers...
Thoughts ?
TRADE 3
$PLUG -0.33R
ABCD
Took it long for an ABCD pattern. Didn't like it and exited 100 percent 12 seconds later for a loss.
The volume bars seemed to agree with the move. Just must have been to extended.
Looking back, should have just avoided this trade...
TRADE 4
RKT +1.26R Trade of the Day !
Reversal
This is actually my favorite trade of the day! Even though wasn't the most profitable, it was the best executed. Additionally I managed to record my screen, maybe I will actually make a video recap later.
Proud that - I went in with confirmation on multiple time frames.
- Partials at technical levels.
- Exit goal was VAP, utilized !
TRADE 5
$UBER -0.46R
Went long for a reversal and bailed out on the next candle.
Looking at this I should have held in there...would have been the trade of my life ! Ewwww...didn't realize I missed this one, will be thinking about this one all weekend...
Talk about missed opportunity !!
Didn't want to see my green p&l go away !
TRADE 6
$DDOG +1.57R
Reversal
Long for a reversal at 77.41...three small partials then all out at 78.10.
Arguably could have reversed the trade around for a continuation short.
Can't wait until that is in my playbook !
At this point I am sitting at +3.98R. My goal for the day is 5R but I have been running for a target at 3R.
Do I call it a day ? I am thinking to just hold for A+ setups.
TRADE 7
$KSS -.09996R ( Just couldn't round it to 1.0 )
Took $KSS for a reversal. Aiman was the moderator in the room and he had actually said "not a reversal"
Short anyway, stock got away and stopped out. Ouch ! Lost my almost 4R day...
Thoughts and Conclusions
One of my best days in DAS. Makes me green for the week and for the month.
Pretty pumped up !
Opportunities for 15 Min ORB, need to come up with a strategy to monitor these.
Weekend Goals:
Add separate HotKeys for 0.5R and Break-even.
Study Reversals, continuation strategy, level 2.
Continue working in the success webinars.