Shared by
huffdade
This thing initially looked good for a long intraday, but I missed the small spike and there was no follow through. I kept an eye on it, because it had such a good look for a retest of the low. I took it short at 1PM because it was cracking 9ema, 20sma, and close to cracking the VWAP on the 5min chart. As anticipated it cracked the VWAP and started flushing.
I played it a second time when the buyers were coming in for a dead cat bounce up to the 9ema where it had been playing very nicely; this was intended to be a scalp. Then I reshorted, because buy volume was low with a target of 14.00.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-01-18 12:14:00 | FNSR | buy | $14.420 | long |
| 2013-01-18 12:42:00 | FNSR | sell | $14.440 | 0 |
| 2013-01-18 13:00:00 | FNSR | sell | $14.410 | short |
| 2013-01-18 13:44:00 | FNSR | buy | $14.240 | short |
| 2013-01-18 14:09:00 | FNSR | buy | $14.070 | 0 |
| 2013-01-18 14:12:00 | FNSR | buy | $14.080 | long |
| 2013-01-18 14:22:00 | FNSR | sell | $14.180 | 0 |
| 2013-01-18 14:22:00 | FNSR | sell | $14.170 | short |
| 2013-01-18 15:08:00 | FNSR | buy | $13.990 | 0 |
Comments
huffdade
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Wow you nailed this thing all day on both sides SICK! Well done man :)