UAL Trade on Apr 8, 2021 11:54 from ADillPickleTrading: Tradervue User Stock Trades.

R = REQUIRED
1. (R)40-60% retracement from high-count from lowest point, including wick✔️
2(R)market cannot be downtrending or falling(SPY AND QQQ)exception if stock shows RS✔️
3. (R)stock is touching or above VWAP ✔️

STRONG PATTERN BOOSTERS:

4.No double tops/strong resistance above 🚫 | one I did not see
5.non-steep decline(ideally 45 degrees)✔️
6.hammer/doji at the bottom🚫
7.bottoming tails on nearby bars, avoid topping tails on nearby bars✔️
8.breaking out/strong overall market 🚫/✔️
9.tested minor previous price support(top of last move)🚫
10.Strong daily chart(gap, open void, breakout, etc)🚫🚫🚫
11.good R/R (2R) to the next resistance or closest pivot✔️|if I had gotten proper entry
12.no choppy bars on the way up or down(smooth move)✔️/🚫
13.VWAP rejection🚫
14.made a new major new high✔️
15.high volume on entry(green volume)🚫
16.sharp V top, rather than congestion or consolidation at highs ✔️
17.Above any trendlines✔️
18.Strong momo on the way up(wide range green bars, hammers)✔️
19.Confirmation or bull pattern on higher timeframes🚫
20. No engulfing red bars or huge red bars at top pivot ✔️

Management Results:
1R AON: +1R

2R AON: -1R

3R AON: -1R

4R AON: -1R

2R Move Stop to BE at 1R: 0R

3R Move Stop to BE at 1R: 0R

Time Frame Taken: 2m Chart

Retracement Level: 45%

NOTE: missed target by a few cents


Execution detail:

Date/time Symbol Side Price Position
2021-04-08 11:54:10 UAL buy $58.990 long
2021-04-08 13:14:14 UAL sell $58.880 0


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