Delta Earnings play, came in with Great earnings and forward outlook. stayed out of the way of $BA recent issues with Mega. overall was a great play
In the morning I was looking for price to find support. came down $1, right into the 61 area and started to show buying, waited for a confirmation candle and took a position. tried to test new highs but immediately got stuffed so i took the position off. Overall i was happy with my exit, i felt didnt overstay the welcome and took profits where the chart showed reversal.
First short it was a little too early, was trying to play off the dojis,It was the second time that came up on the one minute so I decided to put on a position. Ended up getting a solid green candle next, about $.20 and knew that with the time of day it was best if I took this off and looked later.
Around 1015 it started showing more weakness and volume is dropping off quite significantly. Decided to retry and entry be around where I had gotten out on the previous short. Wrote it down to the 6160 area, felt I wasn’t getting a good read on the chart from that point and decided to pull the position and take profit
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!