Shared by:
Dandres
One of the stocks that you watch
Open
- Watch the price action break down past the VWAP. Took an entry on the break of the VWAP (might have been too early in the 5 minute candle) but I dont think so). There were two indicators at the moment: Levels and Volume but the thing that was lacking was simultaneous chart confirmation and this is because the 5 minute candle on the 5 min chart had not closed yet.
Reflection
- Could have waited for ALL indicators to get there, even if the 1 min chart was showing me moves to the downside I possibly could have waited to get close to the close of the 5 min chart mainly because I was taking an opposite position on already developed 5 min candles to the upside.
Execution detail:
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