USO Trade on Oct 13, 2015 11:20 from ToqueX: Tradervue User Stock Trades.

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Grade=D
P/L: -0.7R

Setup: bounce off support/pullback

Result: It wasn't a true support and in fact a reversal had taken place from the top at 15.60. This entry would have made a great short.

To work on: I had flimsy evidence of this level providing support, so I should have given it a few more minutes to demonstrate its strength as support if it was going to do its job. Oil moves in a ghostly fashion, so it really helps to have more evidence on one's side before jumping in.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-10-13 11:20:28	USO	buy	$15.480	long
2015-10-13 11:20:28	USO	buy	$15.480	long
2015-10-13 11:21:44	USO	sell	$15.445	long
2015-10-13 11:21:44	USO	sell	$15.445	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=USO&trade=3679831&end=20151112&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=USO&trade=3679831&end=20151013160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=USO&trade=3679831&end=20151013135144&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=USO&trade=3679831&end=20151013115144&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

USO Trade on Oct 13, 2015 11:20 from ToqueX: Tradervue User Stock Trades.

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