VOLD ADD did the perfect A+ PA that I would need for a short to make the most sense and we also broke the PDH by not even 1 tick which gave more credence for a big short opportunity especailly with rty and ym very very weak and breaking PDL at nearly the same time. TICK was also quite neutral and moving to bearish side. Only thing supporting this long would be the premarket trend as well as the fact that es nq were above OP. To make this trade even better I could have added on the first break of the structure which wouldve been right at basically 5595. Had I done that I wouldve doubled my profits on a near perfect trade. I do think taking it at the break of intraday LOD was the right choice as holding short especially in the beginning of the week is very sketchy and difficult. plus trump being the most likely pres is bullish plus mag7 was quite strong. All in all this was an A+ scalp opportunity and I didnt really nail it with any size at all. The only thing that couldve made this better was the premarket being more neutral, the mag7 being very weak, and the ym/rty being more neutral but mostly weak. if tick was also below 0 more strongly it wouldve been better. all in all id say this was an A+ scalp but not a true A+ hold style trade. to be an A+ hold i wouldve wanted to see what I just said but for an A+ scalp this was more than enough to warrant at least 2MES for a big 10+ point trade.
Back to the post list
⋅
0 comments
have been posted.
Yotta Bank Prizes (What Is The Real Interest Rate?)
Portfolio(s): $25k Challenge, Swing Trading Momo, Day Trading Momo,
Posted on Nov. 30, 2020, midnight
Wednesday Pre-Market Top Gainers $MDLY $EGY $KZIA
Portfolio(s): $25k Challenge, Swing Trading Momo, Day Trading Momo,
Posted on Nov. 18, 2020, midnight
IDEX Stock Extended Price Target & SPCE Swing (What I am looking for)
Portfolio(s): $25k Challenge, Day Trading Momo,
Posted on June 22, 2020, midnight
Helpful TradeJournal Resources
Learn more about trading journals and how to improve your performance:
What is the Best Trading Journal?
Discover the 3 features that make a trading journal profitable: time savings, AI pattern detection, and free mentorship.
Free Trading Journal Template
Download our free Excel and Google Sheets templates to start journaling today. Perfect for beginners!
Free Pro Trader Call
Get a FREE 20-minute 1-on-1 onboarding call ($300 value) with every TradeJournal subscription.
Sample Toast
11 mins ago
tradejournal test feature