BABA Trade on May 17, 2023 11:04 from TheFrenchTrader: Tradervue User Stock Trades.

Initial Risk on the trade 10 cts

Waited patiently for the entry criteria of my set up to be met, good entry with one position add to my winner.
Exit to be improved as i anticipated the 90 level could be strong support as suggested on the daily, but only took 25% of the position off at that level when i needed to take 50% off at leastt.

Captured 65% of the MFE.

Execution detail:

Date/time	Symbol	Side	Price	Position
2023-05-17 11:04:42	BABA	sell	$90.800	short
2023-05-17 11:04:42	BABA	sell	$90.800	short
2023-05-17 11:07:45	BABA	sell	$90.660	short
2023-05-17 11:07:45	BABA	sell	$90.660	short
2023-05-17 11:17:00	BABA	buy	$90.300	short
2023-05-17 11:24:32	BABA	buy	$90.040	short
2023-05-17 11:27:26	BABA	buy	$90.280	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=52365577&end=20230517134726&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=52365577&end=20230517124826&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=52365577&end=20230517114926&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=52365577&end=20230616&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

BABA Trade on May 17, 2023 11:04 from TheFrenchTrader: Tradervue User Stock Trades.

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