TJX Trade on May 20, 2014 14:33 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bear flag

Gapped down, market tanking, making lower highs without break down so I thought this was it. It never was able to break through 54. The plan was for it to flush right away. When it was stuck on that level, I decided that at the first sign of a bounce, I would leave the trade which I did.

The only thing that made me doubt the trade was the extent to which it had already fallen down over the day. Was the set up valid?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-20 14:33:04	TJX	sell	$54.090	short
2014-05-20 14:57:39	TJX	buy	$54.110	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TJX&trade=1014113&end=20140619&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TJX&trade=1014113&end=20140520160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TJX&trade=1014113&end=20140520151939&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-05-20 18:14:00

Today was one of those grinder day , things were all over. I would have just passed.

TJX Trade on May 20, 2014 14:33 from jmos_BOWS: Tradervue User Stock Trades.

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