YUM Trade on Oct 7, 2015 10:35 from Mari_BOWS: Tradervue User Stock Trades.

2R profit. 2nd out of 3 trades in YUM today.

Entry: I shorted the bear flag with a $0.25 stop. Price was also catching up with the 9EMA. Stop was at $68.05 above the bear flag price resistance. I got a worse entry than my first trade in YUM, but a bigger position and better R/R. LOD was $67.26 and my 2R target was $67.36. 3R was $67.11.

Exit: I covered some at my 2R target and some at LOD. I was holding the last third of the position in case the price breaks the LOD, but when it didn't, I covered.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-10-07 10:35:23	YUM	sell	$67.860	short
2015-10-07 10:45:37	YUM	buy	$67.400	short
2015-10-07 10:46:38	YUM	buy	$67.360	short
2015-10-07 10:47:09	YUM	buy	$67.260	short
2015-10-07 10:50:52	YUM	buy	$67.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YUM&trade=3645070&end=20151106&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YUM&trade=3645070&end=20151007131552&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YUM&trade=3645070&end=20151007160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YUM&trade=3645070&end=20151007160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

TheFinnishAssassin

2015-10-08 04:38:48

Good trade! :)

Mari_BOWS

2015-10-08 06:13:51

Thanks!

YUM Trade on Oct 7, 2015 10:35 from Mari_BOWS: Tradervue User Stock Trades.

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