NQ Trade on Nov 5, 2013 10:58 from tomr_BOWS: Tradervue User Stock Trades.

Daily: Gap down
Intraday: Bear flag
Entry: $10.33
Stop: $10.55
1st Target: $10.00
Gain: $246 (5.9%)
This stock was on my watchlist for a 200DMA bounce play but stock gapped down at opening and formed an intraday bear flag. Waited until VWAP and EMAs were right above price and I chased entry a bit before taking a short position. Sold half when stock bounced off the $9.50 mark and was moving back up. This was a good trade with great profit margin.

Execution detail:

Date/time Symbol Side Price Position

2013-11-05 10:58:36 NQ sell $10.330 short

2013-11-05 10:58:36 NQ sell $10.320 short

2013-11-05 11:11:52 NQ buy $9.770 short

2013-11-05 11:38:13 NQ buy $9.550 short

2013-11-05 11:59:46 NQ buy $9.754 0

Date/time	Symbol	Side	Price	Position
2013-11-05 10:58:36	NQ	sell	$10.330	short
2013-11-05 10:58:36	NQ	sell	$10.330	short
2013-11-05 10:58:36	NQ	sell	$10.320	short
2013-11-05 11:11:52	NQ	buy	$9.770	short
2013-11-05 11:38:13	NQ	buy	$9.550	short
2013-11-05 11:59:46	NQ	buy	$9.754	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=701142&end=20131205&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=701142&end=20131105140946&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

November 05, 2013

Very nice short on ORB break.

markmandy54_BOWS

November 05, 2013

Great entry and exits. Amazing trade.

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NQ Trade on Nov 5, 2013 10:58 from tomr_BOWS: Tradervue User Stock Trades.

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