MishaSuvorov

CMCSA Long Swing Aggressive Trend Trade 4R

BATS:CMCSA   Comcast Corporation
Aggressive Trend Trade 4R
- short impulse
+ volumed T1 level
+ support level
+ volumed Sp
+ weak test
+ first bullish bar closed entry

Calculated affordable stop loss
1 to 2 R/R before 1/2 of daily short impulse take profit

Daily Context
+ long impulse
+ support level
+ 1/2 correction
+ monthly support level
+ biggest volume T2
+ manipulation of T2

Monthly Context
+ SOS bar level / T2?
+ 2Sp- + test
Trade active:
I start suspecting we may be on the wrong side of the market, so I moved 50% of take profit to $42.31, which is 1/2 fib retracement of today's short move and keep the rest where it is for now.

Will be watching it's move tomorrow.
Trade active:
50% taken at $42.43

Will keep the rest to original take profit.

Will see about moving my virtual stop loss.
Trade active:
Moving the take profit of 50% of left position (25% of initial position) to $42.58 (test level of BUI of short impulse on hourly).

The rest 25% keeping at original take profit at $43.48.

I can't tell I'm on the wrong side of the market till it breaks below support level T1 of short wave on hourly, but can't state I'm on the right side of the market either.
Trade active:
Took another 25% of initial position (50% of what was left) at $42.08.

Still feel can not tell I'm on the right side of the market, so will keep the rest take profit at $42.58 and see what happens at Hourly support level and volume level of initial Spring on hourly.

If it grinds below - I'll move my take profit to break even.

As of now I collected a 25% of initially planned profit. Not bad!
Trade active:
Moved take profit of the rest of the position to $42 since short impulse on hourly springed support level and contextual potential of this model is up to 1/2 of the hourly range.
Trade active:
After consideration moved take profit to $41.90 to 1/2 of last impulse, not the entire wave on hourly.
Trade closed: target reached:
Rest 25% closed today at $41.90.

Cumulatively I made 0.59R on this trade.

Will it reach original take profit? We shall see.

Was I wrong on my vision of the market? We shall see.

Was I right on the management of my position? 100%!

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