NAK1987

LABU , LONG

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NAK1987 アップデート済   
AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
WP entry but in a range...

9.09 in
Stop - 8.33
PT 1 - 9.76 , sell 1/4
PT 2 - 1043 , sell 1/4



コメント:
Fully de risked this today hit both PT1 and PT2 , time to add on hourly ...
トレード稼働中:
After reviewing LABU's historical chart I can kind of determine that adding on hourly using WP setups is possibly not going to work , as when this gets going we often lack the hourly wedge drops for quite some time , so I decided to take an add on 5 min today , trying to concentrate...

Entry on add is based on a bunch of things , on 5 min chart we have a MACD signal and wedge pop , and several legs down , but pullback so far has not taken out any major lows so still respecting the uptrend . On the hourly chart which I was originally waiting on we have a pullback to the 10 EMA and an following was an upside reversal ... so lots of signals for lots of people and that's probably a good thing . I am going to update my new adds to LABU here ..

Position size on individual adds is not to exceed the original position size * this is my risk management incase we see a gap down , will keep me from getting oversized ...
コメント:
Buy 2 - 8/8/2022 ( 5 min TF )

Entry - 12.33 , Postion size same as primary buy *
Stop - 11.67
PT 1 - 12.98 , sell half and stop up to half risk .
コメント:
Buy 2 Stopped out ..
コメント:
BUY 3 - Small super tiny add less than 1/3 of original size here in after market

In at 11.47
PT - 12.15 , sell half , stop up to half

We had three legs down on hourly today and I just couldn't resist but hourly wedge pop on final candle was not held so just kept it very very tiny , not a proper ideal wedge pop close buy but I still think we are oversold and that a gap up or move up at the open is not unlikely .

Also an hourly wedge pop on open ( based on close ) will get me to take Buy 4 ... So I will be watching tomorrow ..
コメント:
Buy 3 - Sold half on gap up , stop up to half , will look to add more shares on close of first hourly candle too ..
コメント:
8/10/2022 , near open ..
Buy 4 - small incremental add at 11.88,
PT 1 - 12.27, sell half , stop up
Stop - 11.66
コメント:
8/10/2022
Buy 5 - Hourly close wedge pop , added the rest of a position , still have full risk on BUY 4*

Entry 11.96
Stop 11.46
PT - 12.46 , sell half , stop up
コメント:
8/10/2022
Buy 4 and 5 both de risked , sold half of both at listed targets and stops up on balances .
コメント:
Buy 4 & Buy 5 balances both hit stops , that leaves buy three , however .
コメント:
8/12/2022

Buy 6 on hourly wedge pop close for additional full position
Entry - 12.15
Stop 11.56 ( LOD )
PT - 12.74 , stop up to half
コメント:
Buy 6 , de-risked and stop up
コメント:
Buy 6 Stopped out on balance
コメント:
Buy 7 , inc add on micro DB per hourly , also respecting penant/ VCP , will add more ( rest of a full position in the case of an hourly WP

Entry 12.07
Stop - 11.63
Pt - 12.51
コメント:
8/12/2022

Buy 8 , additional incremental add , was not able to WP on hourly but I still like the area to add so just very small adds .

Entry - 11.89
Stop - 11.61
PT - 12.54 ,sell half , stop up
コメント:
Stopped out on buy 7/8
コメント:
Also stopped on Buy 3 .

In addition made a tiny buy near open and was immediately stopped that was BUY 9

Then I made a buy based on potential range support .
Still in that one and working at a de risk . If it gets stopped out that will be a major lower low on hourly by my standards and I will get less aggressive . I know I have been getting my butt kicked here on these adds but that is where things could go the other way too and once we de risk , we have 0.25R profit if we are stopped out after that , which is the case for Buy 6, 5, 4 ,3 . In addition , we are sizing extremely conservatively so that these are pretty insignificant loses . Hourly wedge pops I will probably be taking a full position if trending but lots of these have been gut feeling trades rather and I make a point out of taking extremely small positions on them . So anyways , personally I still think LABU has huge potential but is beginning to show signs that we might be setting up for a hourly downtrend here ....
コメント:
BUY 10 - Range support on hourly ( inc add )

Entry 11.35
Stop -11.98
PT - 11.72

* If this one fails I will probably change my short term outlook on LABU but if it succeeds I will be looking to add the rest of a position on close of hourly WP .
コメント:
Ok so BUY 10 , just stopped out too , time to get defensive , only adds will be hourly WP's from this point out since trend is no longer valid we are making new lows ...
コメント:
only new adds will be hourly WP's but also , we I will exit core buy with a close below the 21 ema on daily too , which I see we are getting closer to .. have already lost the daily 10 ema today ...
手動でトレードを終了しました:
wedge drop , completely out

艾力克~
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