AMD Trade on Mar 25, 2024 09:31 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

• Calm and focused headspace. AMD premarket action looked very nice, I watched the price action with several taps around the PM low as support. Had an uptrend plan on the possibility that it holds the PML and takes an upside direction. Watched the price action at the open and it actually gave this kind of indication of it breaking below the PML but ultimately coming up to close above the PML and open on a higher level on the following candle. Took my entry on that indication and the following candle retracting and coming up again to make another higher level. Possible indications on this. Clean trade with clear indications and nice executions at the opportunities.

Reflection

- 3 indicators? Yes, in the moment levels squeezing the bottom side break. Higher level closing and opening, lvl 2 and tape flow nice and clean.

- Scaling? 2nd entry on the retraction for it to just come up to make a higher level .Third entry on what seemingly was a nice retraction off the 9 with a nice clean squeeze to the upside again. Following candles werent supportive however.

- Partials? At the significant levels like PDL, at the resistance off 176 and retraction to 175 (some weakness), Rest on the break of the upside pattern with downside indications.

- Risk management? Knew my stops, knew my targets, trades and executions with proper technical reasoning.

- What went right/wrong? Trade idea, execution and my mind was sound in the moment.

- Successful trade? Yes. Nice winner.