BWP Long - Come for the long exposure, stay for the snags

30 May 2018

-86 Week Ascending triangle forming
-50SMA/200SMA bullish signal
-3.21 has become an area of congestion for the past month with very attractive bollinger band squeeze on the daily
- Could be an asymmetric R/R opportunity for pre-positioning of larger pattern completion

30 basis points planned

30 May 2018

Not

30 May 2018

Not

Stop buy order @ 3.23
SL @ 3.13
TP @ 3.78

4 Haz 2018

Not

I have too much risk on and is premature to pull up stops on other trades yet. Will let this strength within pattern opportunity pass. A breakout of larger pattern and I will consider it

14 Haz 2018

Not

Ok, Now at a level I like. Am a buyer above 3.29 on a closing basis

16 Haz 2018

Not

Had the pop in volume but not the close above boundary. Am happy to have resting orders in this market with volume confirmation

16 Haz 2018

Not

17 Haz 2018

Not

Buy stop order @ 3.30
SL @ 3.21
TP @ 3.78

21 Haz 2018

Not

Anticipating a fill today

21 Haz 2018

İşlem aktif

Order filled @ 3.30

22 Haz 2018

Not

Stop moved to 3.26

23 Haz 2018

Not

Happy with the volume expansion on this

25 Haz 2018

Not

Stop moved to 3.29 just below yesterday close.
Some family matters have arisen, trimming down market exposure

28 Haz 2018

Not

I proper buggered up. did not see dividend coming. Risk adjusted stop factoring dividend at 3.17. Same 30 basis points of risk

28 Haz 2018

İşlem elle kapatılmış

Disregard... my process is too important to me and this is not a habit I want to develop. I fucked up