ENPH up +15% and FCEL up +25%. Irritating but still a great sign that I'm sniffing in the right places for my entries.

VSA Trading: Reading the Tape & Learning to Wait

Missed a re-entry on FCEL earlier today. Yanked a pending order earlier this afternoon on ENPH (another renewables-related play) after a weak close. Markets have strength in the background but I'm unconvinced w/ the price action today. Price might ...

VSA Trading: Reading the Tape & Learning to Wait

Dumped -17% today. Proud that I saw repeated uncertainty in spite of the rally and pulled the trigger to exit. No new trades as of yet.

VSA Trading: Reading the Tape & Learning to Wait

Closed out of FCEL on Friday. ~16R which is good enough for me. I think supply is starting to enter the picture so I'm watching for a deeper pullback over the coming days/weeks and then a chance to re-enter. Will be paying more attention to the ...

VSA Trading: Reading the Tape & Learning to Wait

Ahh. Rolling the two bars into one does give it more signal/context. Good idea and something I'll lean on moving forward when I'm stuck. Thanks Hidden Gap

vsa with Malcolm

Missed trade frustrations Had a 30 second outburst of emotion watching today's price action. From my perspective, I did everything right and somehow got an abnormally shit fill that led to me exiting the position earlier than I'd like. With that ...

VSA Trading: Reading the Tape & Learning to Wait

Rando question but does anyone have a better read for bar #6? I have a narrative as a whole, but I feel like 5 & 6 are pivotal and that for #6, I'm giving a caveman explanation of a nuanced bar lol. Open to ideas on giving it more color/context: ...

vsa with Malcolm

Got out on SLB for a scratch. It rallied after my exit but on no demand so I wouldn't be surprised to see a reversal tomorrow. I entered MSFT this morning, but something was wonky w/ my fill apparently? It was hovering near breakeven but I was down ...

VSA Trading: Reading the Tape & Learning to Wait

Stopped out of RTX on a rough shakeout. Still on my watchlist given the price action. Jumped in SLB but will likely tighten my stop in the AM if the opening bar isn't ideal. Entered on what looked to be a test but after the close, the bar has heavy ...

VSA Trading: Reading the Tape & Learning to Wait

Bought RTX yesterday but misread the volume going into the close and exited prematurely. Today, I realized it was still in play and jumped back on for a much better fill on the retracement. Daily image 65m image Still passively managing FCEL but ...

VSA Trading: Reading the Tape & Learning to Wait

Better to be lucky than good. Established a position in FCEL on Friday. Legit my only position since my last stop outs but I forgot to mention it. Really reminded me what true breakouts look like and whether I should be looking more aggressively for ...

VSA Trading: Reading the Tape & Learning to Wait

Cut back on my entries over the last week or two. A part of me thinks the stop outs are making my gun-shy, but also, I have tightened my entry criteria a tad to stem the bleeding. Contemplating reducing size as well. On a more positive overall note, ...

VSA Trading: Reading the Tape & Learning to Wait

Stopped out of both positions the next day I have since re-entered TLT on Friday, but may not have the space to stay in if tomorrow is a gap lower...

VSA Trading: Reading the Tape & Learning to Wait

Jumped in Dollar General later in the day as well. Great pop going into the close which is promising: Daily image Intraday image

VSA Trading: Reading the Tape & Learning to Wait

Pulled the trigger on TLT again just now: image (The analysis in the prior post is all a contributing factor outside of the intraday setup FYI)

VSA Trading: Reading the Tape & Learning to Wait

Stopped out of TLT yesterday. Looking for a tight re-entry today if there's intraday testing: image Zooming out, this is a triple confluence level. All of the dotted lines show the mid point of different price channels (aka value areas): image

VSA Trading: Reading the Tape & Learning to Wait

I've been otherwise wholly unprepared for this strong rally response that the markets have had. The signs were there, but my mindset was bearish and I missed the forest for the trees. Will do a postmortem to be prepared the next time... I've been ...

VSA Trading: Reading the Tape & Learning to Wait

Tight stop on TLT entered earlier today: Weekly image Daily image

VSA Trading: Reading the Tape & Learning to Wait

Yeah options timing is tricky AF I'm finding. Maybe the underlying takeaway is that options (read: shorter term trading) requires multiple good entries whereas the higher probability trading is entering once, then being patient and sitting in a good ...

vsa with Malcolm

Touched on this briefly in my trading journal. Granted, I am trading options but had the realization that the fact that a trend is still intact doesn't mean that the retracement is always worth sitting through. Maybe the level of (potential) ...

vsa with Malcolm