QIHU Trade on May 28, 2014 14:04 from jschrager23_BOWS: Tradervue User Stock Trades.

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jschrager23_BOWS

 

was expecting a short here, had my stop loss tight , got stopped out


Execution detail:

Date/time Symbol Side Price Position
2014-05-28 14:04:18 QIHU sell $94.880 short
2014-05-28 14:04:18 QIHU sell $94.870 short
2014-05-28 14:04:18 QIHU sell $94.890 short
2014-05-28 14:12:06 QIHU buy $95.060 short
2014-05-28 14:12:06 QIHU buy $95.060 short
2014-05-28 14:12:06 QIHU buy $95.060 0


Comments

Gravatar Patti-Garland
2014-05-28 17:18:26
 

i'd say this was an anticipation play and i find that they can sometimes need a little more wiggle room with a stop, because they haven't fully set up yet.

whereas, confirmation would be the break of the Vwap, but then they usually flush and you miss it.

ahh, what's a trader to do? :)

anyway, you played this well.

2014-05-28 18:37:18
 

Did $QIHU have positive earnings?

2014-05-28 19:12:26
 

Patti yeah it was an anticipation although I had tried to anticipate using the 1min chart for entry as I normally do however this one just didn't work out. And Nape yes I believe this one gapped up due to earnings

Gravatar Patti-Garland
2014-05-28 19:19:51
 

yeah, i do the same thing ... set up has to be their on the 5 min and then look for a good entry on the one minute ... you had a good set up, for sure

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