CMCM Trade on Jul 9, 2015 10:24 from Constantine_BOWS: Tradervue User Stock Trades.

The Chinese stocks seemed weak to me at that point, but the $CMCM higher than the others, therefore I decided to short it. But I should take into consideration that if stock is stronger than the others it can go easier on market reversal. So did this stock. Later I saw a flag pattern for a long side, but I took a loss already, so I stayed out and didn't trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-07-09 10:24:58	CMCM	sell	$25.990	short
2015-07-09 10:32:44	CMCM	buy	$26.290	short
2015-07-09 10:32:44	CMCM	buy	$26.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=3128603&end=20150808&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=3128603&end=20150709125744&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2015-07-13 13:09:24

Ideal spot was on that trend line break http://prntscr.com/7s86l8

CMCM Trade on Jul 9, 2015 10:24 from Constantine_BOWS: Tradervue User Stock Trades.

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