XON Trade on Jul 15, 2015 13:51 from pstark89: Tradervue User Stock Trades.

Shorted into the bear flag on the 5 minute. I should have looked at the 30 minute as well because $52 was right on support. I covered on the uptick past the vwap and it sank back just after that. However, it did have positive news 30 minutes later so probably wasn't a bad cover.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-07-15 13:51:29	XON	sell	$52.000	short
2015-07-15 14:09:52	XON	buy	$52.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=XON&trade=3148142&end=20150814&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=XON&trade=3148142&end=20150715160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

oly_BOWS

2015-07-15 19:26:15

Hi Peter - not sure you should listen to me because I'm barely profitable but I traded XON today as well.

I had a long bias on XON because it was breaking out to long-term highs on the daily chart. So I only traded from a long bias and would not have shorted.

Intraday I could see your case for a short where you took it, I just wouldn't have done that with the daily how it was.

pstark89

2015-07-20 07:54:21

I think you're right. I sometimes look at something and get an instant bias trying to make that bias work. I need to look at the bigger picture and you are right about that being a long for XON.

XON Trade on Jul 15, 2015 13:51 from pstark89: Tradervue User Stock Trades.

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