2026-04-06 · 3 min read
A qualitative run-through of every trade from 2026-04-06: setups, thought process, and outcomes.
Today was marked by some choppy action, which made it tough to find clean setups. I stayed selective and focused on trades that met my criteria, resulting in a solid day overall. FCUV was my top grossing name today.
Market action
FCUV | Catalyst: Unknown | Gap @ open vs prior regular close: unknown | HOD $9.48 (unknown vs open) | RTH close $9.05 (unknown vs open)
AIXI | Catalyst: Unknown | Gap @ open vs prior regular close: unknown | HOD $0.7200 (unknown vs open) | RTH close $0.1945 (unknown vs open)
MAXN | Catalyst: Unknown | Gap @ open vs prior regular close: unknown | HOD $1.35 (unknown vs open) | RTH close $0.6900 (unknown vs open)
PFSA | Catalyst: Unknown | Gap @ open vs prior regular close: unknown | HOD $2.25 (unknown vs open) | RTH close $1.85 (unknown vs open)
FCUV
I went long FCUV at 8.46. It pushed up right after my entry, quickly reaching 8.80, where I sold the top as it halted up. I was cautious about the strength and wanted to lock in profits. The volume was heavy, and it quickly moved into a halt up.
AIXI
I entered AIXI at 0.1957. After my entry, it started to push higher, reaching a high of 0.7200. However, it couldn't hold that level and began to fade, so I exited at 0.2100 to cut my losses. The action was choppy, and I didn't want to risk further downside.
MAXN
I went long MAXN at 0.6936. It initially pushed up, reaching 1.35, but then it started to stall and couldn't maintain momentum. I cut my position for a small loss at 0.6850 when it showed signs of weakness. The tape was thin, and I didn't want to give back any more.
PFSA
I entered PFSA at 1.02. It quickly moved higher, reaching 2.25. I took my exit at 1.85 as it started to show weakness after hitting that high. The volume was decent, but I wanted to secure the gain before any pullback.
What I did well:
I was able to identify key levels and capitalize on quick moves, especially with FCUV. My exits were timely, allowing me to lock in profits effectively.
What I did poorly:
Trading grade: B+ — solid entries and exits, but the choppy conditions made it difficult to find more setups.
Closing thoughts:
Overall, today was a reminder to stay disciplined in choppy markets. I’ll carry this selective approach into the next session, looking for cleaner setups.