This is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience.
Keeping the stock on radar for breakout of 167 level. May go for measured move, i.e. doubling the trading range. will take entry once 167 (CAP) is taken out decisively and price action demonstrate higher low afterwards.
Upward pushing is visible, probability w.r.t upward bias is more.
Trade Plan:
First entry after breakout of 167 - one lot (aggressive entry)
Stop loss below CAP (164)
Second entry after upward price action (break of prior swing high) - one lot (conservative entry)
Stop loss below CAP.
1st Target 174
2nd Target 182
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
Keeping the stock on radar for breakout of 167 level. May go for measured move, i.e. doubling the trading range. will take entry once 167 (CAP) is taken out decisively and price action demonstrate higher low afterwards.
Upward pushing is visible, probability w.r.t upward bias is more.
Trade Plan:
First entry after breakout of 167 - one lot (aggressive entry)
Stop loss below CAP (164)
Second entry after upward price action (break of prior swing high) - one lot (conservative entry)
Stop loss below CAP.
1st Target 174
2nd Target 182
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
Aug 2, 2022
Trade active
Aug 2, 2022
Comment:
Aug 2, 2022
Comment:
first entry taken, waiting for second entry. stop loss level as per chart
Aug 3, 2022
Comment:
SL hunting
Aug 4, 2022
Trade closed: stop reached
Aug 5, 2022
Comment:
Aug 8, 2022
Comment:
Aug 16, 2022
Comment:
Holding gains and absorption of supply
Aug 22, 2022
Comment:
Nov 28, 2022
Comment:
Nov 28, 2022
Comment:
161 coming
Feb 6
Comment:
Feb 6
Comment:
Feb 13
Comment:
Feb 15
Comment:
Feb 16
Comment:
Second time roof has collapsed in reaction leg of a weak action leg. This reaction leg should at least go to equalize previous reaction leg till selling zone to give appearance of a range 140-133
Feb 21
Comment:
So far so good
20 hours ago
Comment:
ACTION LEG
step to step trade move from tradingView
Views:
Category:
0 comments:
Post a Comment