MEMP Trade on Jul 17, 2015 10:24 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Green day after commissions
- Traded only the first 1-2 hours of the day
- Major thunderstorm and connectivity issues for IB and TC2000
- Also, did not feel well due to nasty heat
- Very small size

Trade:

Set-up: ------------------------- Intraday parabolic short
Quality of set-up: -------------- A
Number of Entries: -------------- 1
Capital used: ------------------- ca. 260
Risk: --------------------------- high
Stop: --------------------------- N/A
Target: ------------------------- 13.00 ... 38 cents 
Reward to Risk: ----------------- N/A
RSI: ---------------------------- ca. 60
Recent performance: ------------- ca. 6% candle 
Number of up / down candles: ---- 1
Shape of last candle b/f entry:-- Large, unsustainable candle
Joker: -------------------------- no
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- 6.80

Trade Comments:

  • Nice set-up
  • Daily chart in major down trend
  • Shorting into the spike
  • Relatively happy with cover around 9EMA and whole number

Execution detail:

Date/time Symbol Side Price Position
2015-07-17 10:24:17 MEMP sell $13.380 short
2015-07-17 10:42:37 MEMP buy $13.040 0


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