BABA next leg up pending volume confirmation
Zlecenie aktywne:
Aug 4th, took signal, positioned 30bps
Aug 6th, trade working, but didn't add due to weakening momentum concerns, 1) vol 2) hammer
Aug 7th, gapped down due to weichat/China news; stopped out 100%
Aug 10th, gapped down spinning top
Aug 11th, closing level forming ascending triangle
Aug 12th, reentry 30bps @ 250, expect to trade in tight range over a week or so; and if macro condition supports, breakout target 301
Current position: LONG
Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.
Aug 6th, trade working, but didn't add due to weakening momentum concerns, 1) vol 2) hammer
Aug 7th, gapped down due to weichat/China news; stopped out 100%
Aug 10th, gapped down spinning top
Aug 11th, closing level forming ascending triangle
Aug 12th, reentry 30bps @ 250, expect to trade in tight range over a week or so; and if macro condition supports, breakout target 301
Current position: LONG
Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.
Transakcja zamknięta: osiągnięto wyznaczony cel:
Closing out at 290. Expect to see small consolidation before hitting 301 target. Profit taking here as VIX trading up.