Automation Recap June 13th, 2019

  • Strategy: Algo Buster Rip
  • Stock Ticker: HUYA
  • Entry: 23.55
  • Exit: 23.01
  • Profit:  $413.10

Huuuyaa! See that little tiny wick of a top on HUYA? Ohhh yea baby that was Mr Rip tearing this thing up. Fantastic trade and a perfect example of people getting trapped going long on the break of the high of the day. Almost hit our target but the timed exit got us out. Actually I only got a partial fill on this trade since it was almost picture perfect.

HUYA Chart
  • Strategy: Algo Buster Rip
  • Stock Ticker: FDX
  • Entry: 165.14
  • Exit: 164.29
  • Profit:  $92.65

Again a decent example of what happens when you try to take the break of the high of the day. A lot of these moves are there to shake newer traders out of their long trade. It didn’t have much follow-through and pretty much hugged the VWAP for a while until it finally found a bid and moved higher at the end of the day.

FDX Chart
  • Strategy: Algo Buster Rip
  • Stock Ticker: DIS
  • Entry: 139.21
  • Exit: 138.84
  • Profit:  $48.23

The timed exit on this one was pretty good. DIS has been pretty strong since its earnings report. Since we were unable to stay below the VWAP, this trade lost its short term bearish momentum. It was actually a pretty nice bullish breakout after we were out of the trade. Look at the volume coming in on that 5-minute breakout!

DIS Chart
  • Strategy: Algo Buster Dip
  • Stock Ticker: TWTR
  • Entry: 36.15
  • Exit: 36.02
  • Profit:  -$59.84

Winning streak over with the Dip. Twitter was already down pretty good the day on the open range breakdown. The downside was limited however it also had a hard time finding a bid. We did briefly be in profit but ended up slightly down with the timed exit.

TWTR Chart
  • Strategy: Algo Buster Dip
  • Stock Ticker: UNP
  • Entry: 168.34
  • Exit: 137.78
  • Profit:  -$59.95

UNP was weak all day and the failed break above the VWAP further accelerated the move down. The timed exit was very welcomed, however if I had been watching this, I probably would have closed it after failing the VWAP.

UNP Chart

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