PBR Trade on Apr 23, 2015 09:52 from Driver42_BOWS: Tradervue User Stock Trades.

I was expecting weakness in this due to the news coming out of Brazil about corruption among the directors etc.
At the open the price seemed to struggle after going up and I shorted on the trend line break during the fifth 5 min candle when the price could not break back above the 5min 200ma.
Just after that there was an earnings conference call after which the price started to go up.
Stopped out for a loss that was more than I should have taken.
I don't normally trade during the first thirty minutes, but I have been trying a few trades like this just to see if they would work for me.
Not much luck so far.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-23 09:52:09	PBR	sell	$8.750	short
2015-04-23 10:08:30	PBR	buy	$8.940	short
2015-04-23 10:08:30	PBR	buy	$8.940	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PBR&trade=2444089&end=20150523&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PBR&trade=2444089&end=20150423123330&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PBR&trade=2444089&end=20150423160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

PBR Trade on Apr 23, 2015 09:52 from Driver42_BOWS: Tradervue User Stock Trades.

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