VIPS Trade on Mar 31, 2023 09:41 from kgauvin25: Tradervue User Stock Trades.

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kgauvin25

 

Sleep: 6/10
- Ate last meal a little later than wanted but still got to bed at good time
- Fell asleep rel quickly, doing military technique def helps
- Goal is to wake up feeling refreshed

Market Summary:
- So we are rel flat overnight with still decent extensions (not so extended to short, but tough to buy)
- Do not have good R/R on new longs but
- IWM needs to clear 178
- PCE has come in light giving Fed some breathing room ---> Initiatil Pop and pullback, surprised not enough
1. PCE Results
- M/M: 0.3% vs 0.4%
- Y/Y: 4.6% vs 4.7%
2. Personal Income
- M/M: 0.3% vs 0.2%
- Y/Y:
- Watch High and Lows of PCE Number, STT in white which helps a little

$VIPS- Chinese Internet Retailer - Consumers
- Announces $500m share repurchase program
- ADR, MC 9B, ATR 0.6, AV 5m, Beta 0.44

  • Plan: Sloppy Chart, through 15.8 ( 1ATR Ext) or vs $15.40 - $15.50

  • What happened:

    • So after I missed $RUM I was just looking for a setup
    • $RUM was not really hammering where I wanted to see but was DOJI, but just did not take
    • Noticed this guy fomred inside 5 in what looked to be tight risk
    • In the moment did not even realize first candle was red so this was technically rel weakness not strength
    • I got in 1 cent highert to be safe and stopped out
    • Again did not go right away
    • Now I was really not in a good space

image


Execution detail:

Date/time Symbol Side Price Position
2023-03-31 09:41:47 VIPS buy $15.710 long
2023-03-31 09:41:47 VIPS buy $15.710 long
2023-03-31 09:41:47 VIPS buy $15.710 long
2023-03-31 09:46:58 VIPS sell $15.545 long
2023-03-31 09:46:58 VIPS sell $15.540 long
2023-03-31 09:46:58 VIPS sell $15.540 long
2023-03-31 09:46:58 VIPS sell $15.540 0


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