GOOGL Trade on Mar 21, 2023 09:50 from kgauvin25: Tradervue User Stock Trades.

Takeaways:
- Still need to get faster with knowing where rel strength is and % Stop wanna use
- $TSLA I had the wrong 8 EMAs so i almost took a trade that was not actually pivoting at the 8 EMA
- If stocks break opening lows but 8 EMA not caught up that's fine, but not ideal if there has been a big drive right at open

Market Summary:
- So we set to open with pretty big gap up with $IWM gapping up 1.75% slightly above Daily 8
- Day before Fed day tends to be chop
- With the degree of STF ext we have, buying at open will be tough
- HUGE uncertainty around fed decision

$GOOGL - Intraday Fundamentals
- Communications/ High Beta

- No catalyst
- MC 1T, ATR 3, AV 39m, Momo Name
- Breakout, STF, Inside 5

- Layers:
1. Clear Rel strength shown as 9:45 candle when QQQs wicked below lows and GOOGL held above lows
2. 8 EMA caught up to inside 5 low
3. 40 cents risk
4. Daily still extended so this is more of a smaller time frame momentum trade but $GOOGL is a momentum name so I am okay with with this

- Plan:
1. Long through Inside 5
2. not gonna be too greedy as day before Fed day can be tricky

- Execution
- I tried this honestly before I noted rel strength, near highs
- STF Trade, Rel strong, 8 EMA caught up
- Made a big move, Derrick said "get your risk covered," 2 other trades said they got their risk covered
- Keeping stop really tight due to market making Lows and Day be4 Fed