SPY Trade on Sep 23, 2015 11:00 from ToqueX: Tradervue User Stock Trades.

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Grade=D

The setup: buy on pullback to trendline

The result: Things were pretty extended in the newly established range toward 195. I guess I was counting on it getting back above 195 into the old range. The 5m chart makes it pretty clear that things are extended, so I shouldn't have expected much. My entry point would have been great for a short. I could have played the trendline break to the downside, but I think my bias and disappointment were too much at this point. That's something to work on.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-09-23 11:00:48	SPY	buy	$194.400	long
2015-09-23 11:05:35	SPY	sell	$194.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=3580979&end=20151023&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=3580979&end=20150923160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=3580979&end=20150923133535&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=3580979&end=20150923113335&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SPY Trade on Sep 23, 2015 11:00 from ToqueX: Tradervue User Stock Trades.

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