SCO Trade on Aug 31, 2015 09:48 from ToqueX: Tradervue User Stock Trades.

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Grade=D

The setup: shorting at a key level on 5m chart

The result: I was shorting SCO (so that's long oil), at the bottom of the channel which is more visible on the crude oil chart. It broke against me slightly and stopped me out.

Lowish probability trade, and I was looking for a large R/R which inclined me to take it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-08-31 09:48:18	SCO	sell	$96.840	short
2015-08-31 09:57:31	SCO	buy	$98.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SCO&trade=3375024&end=20150930&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SCO&trade=3375024&end=20150831160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SCO&trade=3375024&end=20150831122231&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SCO&trade=3375024&end=20150831102431&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SCO Trade on Aug 31, 2015 09:48 from ToqueX: Tradervue User Stock Trades.

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