SALE Trade on Aug 5, 2014 11:29 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bear flag

It made a lower high, couldn't get above round #, candles were real tight so it had to go one way or the other. It cracked the trend line, didn't get a great entry. It was a bit of a chase but I was expecting a flush. It didn't happen and tested my patience. Waited until targets. Got out at the start of lunch time. Didn't want to get stuck in lunch hour trading where it could pullback to the VWAP.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-08-05 11:29:43	SALE	sell	$18.820	short
2014-08-05 11:49:36	SALE	buy	$18.700	short
2014-08-05 12:09:13	SALE	buy	$18.660	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SALE&trade=1226215&end=20140904&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SALE&trade=1226215&end=20140805142413&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SALE&trade=1226215&end=20140805122613&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-08-05 18:09:50

Nice job man.

SALE Trade on Aug 5, 2014 11:29 from jmos_BOWS: Tradervue User Stock Trades.

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