VWAP+RSI, EMA-200 aligned. Hammer formed, but price dipped below VWAP, then closed above. Consolidated near VWAP—stock <$5. Exited -0.01R; setup invalidated.
Lesson: Small consolidations near VWAP on low-priced stocks can trap you. Exit early when setup fails.
WGRX trade recap 🟢
Bought long at VWAP support — RSI & EMA-200 aligned across timeframes with a bullish engulfing candle confirming momentum. Took ½ profit at +1R, moved stop to BE, and secured more partials. Finished the trade at +1.26R.
#daytrading#VWAP#stocks
Today’s 2 trades & lessons:
DNUT long 🟢 VWAP+RSI+EMA-200+hammer 🕯️ Took ¼ at +1R, greed held me → stop -0.05R ⚖️ Lesson: greed erases gains.
NMRA long ⚡ VWAP breakout+RSI+EMA-200 ✅ Calm A+ setup → stop -1R ❌ Lesson: even top setups can fail.
Long @ 5m VWAP support ✅
Confirmed: RSI + EMA-200 across TFs + hammer 🕯️
Admit: FOMO entry before candle close (medium setup)
Took partial profits, closed +1.78R 💹
Trend: Up at open → midday