CAR Trade on May 15, 2015 11:03 from camilogomez38: Tradervue User Stock Trades.

This one had an impressive move on fresh news during trading hours. I wanted to see if I could catch the top. I was patient enough to wait for price action to confirm so I shorted once price was below both 8 SMAs of 5 & 2 min chart. I also decided to get in as risk reward was really good as my target was 55 prior pull back area, and my risk was only 20 cents.

Unfortunately I made a mistake when covering half I actually covered my full position. It was a clean downtrend to 55.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-15 11:03:05	CAR	sell	$55.850	short
2015-05-15 11:14:29	CAR	buy	$55.630	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CAR&trade=2500328&end=20150614&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CAR&trade=2500328&end=20150515160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CAR&trade=2500328&end=20150515133929&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CAR&trade=2500328&end=20150515121029&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-05-17 14:39:46

nice entry low risk spot

CAR Trade on May 15, 2015 11:03 from camilogomez38: Tradervue User Stock Trades.

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