看多

BABA next leg up pending volume confirmation

已更新

交易進行

Aug 4th, took signal, positioned 30bps

Aug 6th, trade working, but didn't add due to weakening momentum concerns, 1) vol 2) hammer

Aug 7th, gapped down due to weichat/China news; stopped out 100%

Aug 10th, gapped down spinning top

Aug 11th, closing level forming ascending triangle

Aug 12th, reentry 30bps @ 250, expect to trade in tight range over a week or so; and if macro condition supports, breakout target 301

Current position: LONG

Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.

交易結束：目標達成

Closing out at 290. Expect to see small consolidation before hitting 301 target. Profit taking here as VIX trading up.

cicizzyu