JOE Trade on Nov 7, 2013 14:30 from tomr_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by:
tomr_BOWS

 

Daily: ER/PR Gapper
Intraday: Flag breakdown
Entry: $21.68
Stop: $21.90
1st Target: $21.00 (previous support)
Gain: $103 (2.4%)
Missed the run-up in the morning and was waiting for weakness to take a short position. Took trade when stock was flagging and broke support. Scaled out earlier than anticipated as I got nervous when stock tested $21.30 level a few times. Took some more profit when stock hit my target and sold the renainder when it reversed trend.


Execution detail:

Date/time Symbol Side Price Position
2013-11-07 14:30:36 JOE sell $21.679 short
2013-11-07 14:53:39 JOE buy $21.300 short
2013-11-07 15:18:40 JOE buy $21.000 short
2013-11-07 15:43:24 JOE buy $21.061 0


Comments

November 07, 2013

Nice short, great scaling.

November 07, 2013

Perfect trade. Think you nailed everything, bear flag, scaling out, 2:1 risk ratio.

November 07, 2013

great short!

November 07, 2013

Thanks guys!

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