BCEI Trade on Feb 2, 2015 10:13 from youngcb1_BOWS: Tradervue User Stock Trades.

On the daily chart the stock was moving up. However, I was trying redeem my previous loss by shorting this stock. I didn't wait for a setup during my first entry, which was a chase. But the second entry was a dead cant bounce setup. Once heavy support started to become evident near 26.40 and I covered my position.

Execution detail:

Date/time Symbol Side Price Position

2015-02-02 10:13:09 BCEI sell $26.860 short

2015-02-02 10:18:30 BCEI sell $26.980 short

2015-02-02 10:50:06 BCEI buy $26.750 short

2015-02-02 10:54:33 BCEI buy $26.990 0

Date/time	Symbol	Side	Price	Position
2015-02-02 10:13:09	BCEI	sell	$26.860	short
2015-02-02 10:18:30	BCEI	sell	$26.980	short
2015-02-02 10:50:06	BCEI	buy	$26.750	short
2015-02-02 10:54:33	BCEI	buy	$26.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BCEI&trade=1942627&end=20150304&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BCEI&trade=1942627&end=20150202130933&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BCEI&trade=1942627&end=20150202114033&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in

BCEI Trade on Feb 2, 2015 10:13 from youngcb1_BOWS: Tradervue User Stock Trades.

Editor syntax