PES Trade on May 27, 2016 10:24 from MarcP_BOWS: Tradervue User Stock Trades.

Shorting Into VWAP

Shorted the Stock when It Bounced Back into the VWAP, With The Risk Just above the VWAP.
Took The position When the Stock Cracked the horizontal trendline, Held into the drop.

In 3.73
Risk 3.80
Out 3.49

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-05-27 10:24:05	PES	sell	$3.730	short
2016-05-27 14:41:15	PES	buy	$3.490	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PES&trade=4618016&end=20160626&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PES&trade=4618016&end=20160527160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2016-05-27 14:19:24

Really, really nice entry. A thin stock, it could move a bunch. Not sure why you exited other than "into the drop", but it worked well. Good job!!!

MarcP_BOWS

2016-05-28 11:19:03

Hi thanks. I got out because it hit my risk to reward ratio.

PES Trade on May 27, 2016 10:24 from MarcP_BOWS: Tradervue User Stock Trades.

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