WW Trade on Jun 16, 2020 10:01 from CharliePham: Tradervue User Stock Trades.

The Big Picture:
Yesterday the SPY gapped down and reversed gaining a total of 3.9% after an announcement by the chairman of FED. Once again the FED came in and changed investor sentiment. They stepped in and announced it would be expanding its buying and liquidity program to continue to support the market. This happened on a very significant structure level at 200MA - 300. The futures are pointing up now at a 1.2% gain (13:50) after the Trump administration announced that it is preparing a $1 trillion infrastructure bill to help pull the economy out of the pandemic-indeuced recession.

The direction of the market today will be affected by what Chairman Jereome Powell presents to the congress when he appears before them this week to deliver his semiannual report on monetary policy. Powell starts his two-day tour today before the Senate Committee on Banking, Housing and Urban Affairs.

Intraday Fundamentals:
Shock value finally breaking out of 27.50 resistance which has been tested 4 times.

ATR: 1.60
R.VOL: 0.69
Short float: 8.89
AVG.VOL: 1.82M

• Well done: Spotted the trade and grabbed my opportunity.

• Improvement Notes/Mistakes: The High of the execution bar was at 29.27 and i put my stop-limit at 29.28. Should have put my stop-limit at 29.29 just to make sure that its breaking out or even a fake out.

• What i learned from this trade: I got filled at 29.28 on the ASK and not the last price. I learned that degiro sucks. They do not have clear guidelines if the order will get filled on the last price or on the bid/ask. I am having a dialogue with them now.
  

  https://www.degiro.co.uk/data/pdf/uk/ISI_Orders_and_Order_Execution_Policy.pdf
  only information that comes close and it says under stop-loss order: In most situations the last price is used as a trigger for the Stop Loss Order, but the bid price and ask price can also be used.

Confirmations -
1: Forming at HOD
2: Break of VWAP
3: Shock Value