WES.ASX_Range Breakout Trade_Long Long

WESFARMERS LIMITEDASX

Description

⋅ Jun 15, 2021 2:20 PM

ENTRY: 15.48
SL: 54.90
TP1: 57.63
TP2: 59.30

- ADX<20
- RSI>50, RSI<70
- Daily RS -ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD -ve
- Breakout with high volume above previous high and HVN, but prefer a better closing

Trade active

⋅ Jun 22, 2021 9:12 AM

- Took 60% partial at 58.81
- Shift SL: 56.31

Trade closed: stop reached

⋅ Jul 6, 2021 3:06 AM

Hit shifted SL: 58.20

Comments

MicT1

⋅ Jun 16, 2021 11:25 AM

Hi, thank you for posting your trade setups. they are good to learn from.

question: do you post them here after you have completed the trade or are they research notes for you to action when entry conditions are met?

the timestamp that you post the notes or the time that you entered the trade would help so people could go back and see how it played out.

sorry if this is a silly question, pretty be to this.
Thanks again
Mic

TRADER-WANNA-BE

⋅ Jun 17, 2021 1:35 AM

@MicT1, Thanks for the compliments. I posted them here when I entered the trade under the same timeframe, and acts like my personnel trade logbook.

MicT1

⋅ Jun 17, 2021 2:16 AM

@TRADER-WANNA-BE, That makes sense, good to follow your work. Have a great day