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Shared by
Cklamb

 

AIG

May 8, 2019 12:25


Tags:

Long VWAP/MA

The first was a play off of an intraday support at 50.70. I held off to long on the entry and really should have had a better RVR. But, I did get 1 to 1 on a short scalp play. The trade had come back a little closer to my support level for a couple minutes early in the trade. I took half off at VWAP on the first test. I held the other half waiting for a break above VWAP. It tested this level for a while and I decided to get out of the last half at with about 5cents. My thoughts were that I may have another opportunity at closer to 50.70. And I could take back the half lot with a close above VWAP. The risk on this trade warranted a full lot but that was not the plan. I sold about 2cents short of the target with just short of a 4 to 1 trade


Execution detail:

Date/time Symbol Side Price Position
2019-05-08 12:25:37 AIG buy $50.847 long
2019-05-08 12:52:04 AIG sell $51.026 long
2019-05-08 13:15:07 AIG sell $50.900 0
2019-05-08 13:26:37 AIG buy $51.045 long
2019-05-08 13:46:25 AIG sell $51.220 0


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