LINE Trade on Aug 28, 2015 12:52 from Mari_BOWS: Tradervue User Stock Trades.

Loss -0.8R.

Only now on Tradervue I can see how this stock was extended where I entered. It wasn't so noticeable on my charts.

Before entering I wrote down a note predicting that LINE will probably come down to the VWAP and bounce. Then I decided it was a buy instead, because it was an uptrending stock and flagging. I was wrong. I should've shorted instead, because the stock came down to VWAP and started consolidating exactly above VWAP.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-08-28 12:52:00	LINE	buy	$3.650	long
2015-08-28 12:55:00	LINE	buy	$3.690	long
2015-08-28 13:03:00	LINE	sell	$3.600	long
2015-08-28 13:04:00	LINE	sell	$3.580	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LINE&trade=3365280&end=20150927&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LINE&trade=3365280&end=20150828160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LINE&trade=3365280&end=20150828160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LINE&trade=3365280&end=20150828160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

LINE Trade on Aug 28, 2015 12:52 from Mari_BOWS: Tradervue User Stock Trades.

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