SNOW entry was the first blue arrow. Reason being was that in real time, I saw the volume and price move higher when NQ WAS REJECTING SUPPLY. I knew that ok this does tell me that SNOW is showing strength BUT what institutions are going to do is push the value to 325 and immediately reject. So, I took it above the trendline. STOP was below the trendline AND the price level STOP. Exit was as soon as we got the strong push above 325.
SNOW was mentioned in the plan. Thesis: SNOW had a beautiful 325 KL. The only problem: ALOT OF EYES ON IT. So I was looking for something intraday to kind of get me before the crowd and sell it to retail. Shout out to @Noahking96fl . He actually gave a trendline with which you could look for an entry. The trendline had three touches on a 5 MIN. The plan was to get when price gets above the trendline and sell at 325 KL.
VERY VERY GOOD TRADE! You bought when price was showing momentum and did not show any signs of hesitation! However, a more suited entry would have been when you saw the volume build up. It was good not gonna lie but could be perfect. Sold at the questionable 1hr supply. This fucking works.
-Tried to chase at the end of the day, hoping for a gap up in the morning.
-Because of improper position sizing, I was fearful and did not provide the trade with enough room to work. On a slight down trend in the morning, I sold quickly but still lost more than 1.5%.
-Position sizing was off, stops were off, trade was not planned properly.