JWN Trade on Nov 13, 2015 10:15 from traderdanbows: Tradervue User Stock Trades.

This was an earnings gap down play. They missed their earnings, sales and lowered their future sales/earnings forecast. This is usually a play that will trend to the downside for the whole day. I shorted the stock when the price was under the EMA's at a high risk of .73 stop. Too wide of a stop for me, I got out as the stock's price consistently was moving above the EMA's. This is a setup that I am always looking to play because there is a very high probabilty that it works.

I, at one time, was up .65 on this trade but I thought it would pull back to the EMA's then continue downward. It did not.