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Entry made by: ankurbabbar
Trade Completion Date: 3/3/2020
Click here for trade details & chart


This was a quick trade but wasn't a good trade. 

The price was stuck between a short range between pre-market high and a level that I marked of of daily.

Also the price was almost running into VWAP, 21 EMA and pre-market high resistance so this is why going long here was a bad idea.





Entry made by: ankurbabbar
Trade Completion Date: 3/3/2020
Click here for trade details & chart


There was no strategy here. I just anticipated that the price will plow through VWAP, 21 EMA and pre-market high so I went long here but the resistance, obviously, was too strong and I got stopped out. 

I took a bigger loss. I should've exited when price held below previous day close and also below a major support.





Entry made by: ankurbabbar
Trade Completion Date: 3/3/2020
Click here for trade details & chart


I am not sure why I entered this particular stock at this time.

In hindsight, I can see that the price was just under the 21 EMA and I entered long just 10 cents below 21 EMA. It did work in the end. Was a good scalp.





Entry made by: ankurbabbar
Trade Completion Date: 3/3/2020
Click here for trade details & chart


The market bounced really hard because of the surprise news by the Feds. They cut the price in order to make sure the US economy does not get affected too much by Coronavirus.

I jumped in this trade as soon as I saw the market rip. Clearly it was the FOMO trade that worked out well.

There was a bit of a pattern there too as the price bounced of of pre-market lows and left a bottoming tale on the 1 minute chart. The price rested the next minute and it was a good long entry at the break of this resting candle.





Entry made by: ankurbabbar
Trade Completion Date: 3/3/2020
Click here for trade details & chart


I took a different approach on this trade.

The price was going lower and then it pivoted and made a higher low and instead of getting in long at the break of the pivot, I went long at the fist candle that made a new high after the higher low pivot.

This gave me a little bit room to partial out of my position and surprisingly it did not break the high of the original pivot and I stopped out at breakeven on the rest of the shares. The price was holding up 21 EMA but it just did not work.





Entry made by: ankurbabbar
Trade Completion Date: 3/3/2020
Click here for trade details & chart


I broke my rules on this trade as the setup was not perfect. At the same time i gave it more room ti wiggle. The 15 and the 30 minute charts were over extended to the down side and a correction was imminent. This is the reason why I stayed in the trade and averaged down and It worked as expected. 



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