TZA Trade on Aug 13, 2014 15:13 from Singh_swing_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
Singh_swing_BOWS

 

This etf is inverse of small cap index $IWM, so used it to go short $IWM. After bouncing off last week's lows, now has big resistance of 200sma above at 113.75. Entered today as it made lower high on 30 min chart.

http://screencast.com/t/q7S5wcsDwP

Stop: 15.19
Target: 16.68
Risk: $4.80
R:r 2.7


Execution detail:

Date/time Symbol Side Price Position
2014-08-13 15:13:20 TZA buy $15.590 long
2014-08-15 09:30:00 TZA sell $15.150 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in