MESZ3 Trade on Sep 15, 2023 09:55 from RodrigoBras: Tradervue User Stock Trades.

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RodrigoBras

 

Thesis: Demand bounce

Where/why did I ENTER (Confirmations): Selling looks weak and looks like is getting absorbed; Price didn't do another LL when it traded near the lows; Strong buying near the lows; Strong CVD divergence.

Trade plan: "I am expecting 4537-4526 demand zone to be tough support for bears, and bulls might took over, if bears continue to break new lows intra-day inside this demand but the move is lacking strength to the downside, I am open for longs, targeting first 4550 and then 4559.25"

How was I feeling DURING the trade (emotions): Very calm, as I was unware of the news

Trade management: No management as it quickly stopped me out

Where/why did I EXIT: Stopped out.

Mistakes: Not being aware of news at 3pm, specailly Consumer sentiment which tends to trigger volatility.

What can I do to improve: Be more aware of news, I was only aware of the news occuring 15min before the open and the most important one got away from my focus.

Overall thoughts: Got a little disapointed after this one tbh.

Rate this trade 1-10: 5

Risk/Stop Loss: -4 points
Target: 19.5 points ( 4.88R)
Realized: points ( -3.25R)
Unrealized Before being stopped: points ( 0R)


Execution detail:

Date/time Symbol Side Price Position
2023-09-15 09:55:03 MESZ3 buy $4530.50 long
2023-09-15 09:56:09 MESZ3 sell $4527.25 0


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