GALE Trade on Jun 8, 2015 10:04 from ToqueX: Tradervue User Stock Trades.

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Grade=F

The setup: bear flag

The result: stopped out

The lesson: I must have thought that the stock wouldn't bounce from here for some reason. It doesn't make sense to me looking at it now. It's over-extended to the downside and there wasn't enough time to establish how it would really behave around the 2.20 level. No setup had formed at this point.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-06-08 10:04:34	GALE	sell	$2.190	short
2015-06-08 10:06:12	GALE	sell	$2.190	short
2015-06-08 10:06:12	GALE	sell	$2.190	short
2015-06-08 10:09:47	GALE	buy	$2.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=2919978&end=20150708&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=2919978&end=20150608160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=2919978&end=20150608123947&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=2919978&end=20150608103747&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GALE Trade on Jun 8, 2015 10:04 from ToqueX: Tradervue User Stock Trades.

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