julianlopez0421lol@gmail.com's /MES Trade 82.59

Trade Detail

julianlopez0421lol@gmail.com's /MES Trade 82.59

Trade Details

Published

June 11, 2023, 2:04 a.m.


Status
CLOSED

Portfolio(s)

Juli Futures,


Broker

Tradovate

Asset

Future

Future Date

June 6, 2023

Future name

/MESM23

Symbol

/MES - View rating


Type

Long

Pattern(s)

Delta profile, key levels, pullback, Volume Profile,

Featured Image / Proof

Stats

Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $ P&L With Fees
4,274.5 4,278.9375 6.16 2.0 8,549.0 0.10% 88.75 82.59

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Notes

 

Thesis: Get Long above 4134 which is a key level and I would not like to see it act as resistance

Market Context: We sold off below 4134 but my ideal play is always a retest. However I noticed strong buyingn at the lows (4170) and sellerstrying to push lower but would get bought up. Where/Why did I enter: I actually took two trades. First trade I took a trade speculating strong buying above 4134, however we broke above it with strong buying volume but no continuation which is a red flag in my book (do not want to be a trapped buyer). My second trade when we pulled back at 4134-4130. I loved the volume which was represented in these areas and there was a lot of buying as well (delta column). I took the trade @4135 with a 3 point stop loss which is my sweet spot for risk.

Where/ Why did I exit: I exited at my 4185 level which has shown to be a level of support that turned into resistance. I sold 1 contract at the top once we hit it and sold another one once we saw that we could not break above. There was a lot of liquidity at this area as the ask built up the closer we moved to the level.

How can I improve: Honestly I think this was a textbook trade. There is always room for improvement when it comes to trading but I believe this trade was a flawless one which I give a pat on my back for. Perhaps I could have sized up due to the confidence in this trade and this is something I could learn from. Believing more in my trading capabilities.

What I did well: Held to my target. Biggest flaw with my trading as I feel like I go with the motto "Green is green" but for this trade I held to my target. Also patience was really good here as I waited for that pullback.

Confirmations: Strong Buying, Pullback, Huge ask at TP level, Respect of my key level

Entry: 4175 Stop Loss: 4172 Target: TP 1 4185; TP 2 4190 Take profit: 4185 RR: 1: 3.334

Transactions

Date Side Amount Price Commission Reg Fee
June 06, 2023 09:41:29 Entry 2.0 4,273.25 1.54 0.0
June 06, 2023 09:48:35 Exit 2.0 4,274.0 1.54 0.0
June 06, 2023 09:58:11 Entry 2.0 4,275.75 1.54 0.0
June 06, 2023 10:11:45 Exit 1.0 4,284.0 0.77 0.0
June 06, 2023 10:11:56 Exit 1.0 4,283.75 0.77 0.0

SECO 5.88

Portfolio(s): Toby,
Last entry Feb. 6, 2023, 8:58 a.m.

ATNF -144.46

Portfolio(s): TOS day trading,
Last entry Dec. 19, 2022, 9:56 a.m.

SIEN 4.92

Portfolio(s): Toby,
Last entry June 9, 2023, 7:35 a.m.



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