META Trade on May 18, 2023 10:09 from Dandres: Tradervue User Stock Trades.

Nothing attention grabbing moving in premarket
- One of those stocks you watch on quiet days.

Open
- Looking at the reversal and break past the VWAP on this.
Trade 1: The entry reason was due to the subsequent 1 min and 5 min chart showing bullish intentions to break the VWAP. It did break the VWAP but did not resolve as much as I thought it would immediately and pull back to test the VWAP which I added my second position on. The following candle was red this was sort of a red flag to me because the 5 min candle had been making lower highs/lows. I got out due to the open and close of an even lower 1 min candle.

Reflection
- I didn't feel comfortable with those lower high/low candles and the large wicks so I got out for my comfort.
- Trade resolved to the upside but I would not have taken the trade to the upside after the candles it showed with large wicks.

Execution detail:

Date/time	Symbol	Side	Price	Position
2023-05-18 10:09:18	META	buy	$242.670	long
2023-05-18 10:15:55	META	buy	$242.910	long
2023-05-18 10:16:53	META	sell	$242.860	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=META&trade=52393805&end=20230518104453&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(20)&compare=SPY');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=META&trade=52393805&end=20230518124153&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(20)&compare=SPY');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=META&trade=52393805&end=20230617&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(50)');}

META Trade on May 18, 2023 10:09 from Dandres: Tradervue User Stock Trades.

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