Shared by
NomadicTrader
Looking back, I'm not sure why I took either trade. Stock was under all MAs. The trade worked out. Just not for good reasons. The second trade is a head scratcher. The stock did manage to clear most resistance. But got stopped in it's tracks by the VWAP. I need to go back and look at how stocks react to these studies. I feel like I have to give priority to some over others.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-08-31 14:15:06 | SVXY | buy | $49.840 | long |
| 2015-08-31 14:15:07 | SVXY | buy | $49.840 | long |
| 2015-08-31 14:24:48 | SVXY | sell | $50.200 | 0 |
| 2015-08-31 15:13:45 | SVXY | buy | $50.700 | long |
| 2015-08-31 15:20:08 | SVXY | sell | $50.280 | 0 |
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