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Publically Shared Trade Notes:
Entry made by: BarByBar
Trade Completion Date: 6/25/2019
Click here for trade details & chart
Double bottom bull flag, however, had to step away from my screen briefly; input brackets and moments later when I returned, I missed the biggest move of the day.
Better Trade: Stay Put - Flip to short on a breakdown of a double bottom for a measured move, and in this case much more.
Entry made by: BarByBar
Trade Completion Date: 6/25/2019
Click here for trade details & chart
Momentum Play
Entered trade on downside breakout, what seemed to be a trend from the open bear trend. Stop was on the other end of the bar and added each tier at the close of each bar until I was at full size. Calculated the measured move and book profits at the low of day bar.
Entry made by: BarByBar
Trade Completion Date: 6/24/2019
Click here for trade details & chart
Signal bar was an inside bar, however, it was a doji and also the following bar was a doji, both bull would decreased the odds of a successful first breakout attempt.
Place a short entry below trading trading range because of the strong bear bars leading into the small trading range with stop at the other end of the trading range.
However, after triggered was immediately stopped out.
Better trade would have been to wait for further price action, such as a breakout of the trading range and follow-through.
Entry made by: BarByBar
Trade Completion Date: 6/24/2019
Click here for trade details & chart
Momentum
Entered in direction of strong momentum
Exit was the other end of the bar
Profit target was a measured move from previous bar
Entry made by: BarByBar
Trade Completion Date: 6/24/2019
Click here for trade details & chart
HUYA was strong all day, and strong into the close. Bought the pullback expecting the strength to continue, was stopped out.
Better Trade:
If you find a stock that is strong throughout the day, pay attention to where the stock is coming from, if it has been steadily climbing it might be near exhaustion, however, if it had just came from a test of the moving average, it has a better chance of fresh follow-through
Entry made by: BarByBar
Trade Completion Date: 6/24/2019
Click here for trade details & chart
Tried looking for a stock that would pop into the close, this stock had been strong all day, so I attempted to buy every small pullback, sizing up at original entry as long as my original support held, however, stock broke support into the close and was stopped out, however, was able to move my stop to breakeven
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