ONTY Trade on May 15, 2015 10:29 from KyleErvin_BOWS: Tradervue User Stock Trades.

I have been stalking this small cap stock the last couple of days and I got a quick scalp out of it when it ran up to 2.65 and couldn't break resistance. I shorted the pop but when it started finding support in the 2.50s I covered. Pretty simple short scalp, I was early and didn't try to get back in. I should have kept watching it because Kunal actually got the short timed perfectly on it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-15 10:29:48	ONTY	sell	$2.608	short
2015-05-15 10:29:48	ONTY	sell	$2.600	short
2015-05-15 10:29:48	ONTY	sell	$2.600	short
2015-05-15 10:32:44	ONTY	buy	$2.540	short
2015-05-15 10:32:44	ONTY	buy	$2.540	short
2015-05-15 10:32:44	ONTY	buy	$2.540	short
2015-05-15 10:32:44	ONTY	buy	$2.540	short
2015-05-15 10:32:44	ONTY	buy	$2.540	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500263&end=20150614&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500263&end=20150515160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500263&end=20150515130244&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ONTY&trade=2500263&end=20150515110144&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-05-17 22:39:35

way to early u wait for a big run then a lower high to measure the risk!

see the big red candle indicates possible refersal then the lower high confirms it

http://screencast.com/t/69C2CssYJapf

ONTY Trade on May 15, 2015 10:29 from KyleErvin_BOWS: Tradervue User Stock Trades.

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