GMCR Trade on Nov 19, 2015 11:01 from GaTech_Trader: Tradervue User Stock Trades.

I had GMCR on my watch list on for a short play because it gapped up into previous price support and the 50MA on the daily. It ran up out of the gate, then I tried to take it short on a Double top 1-2-3 pattern, but it didn't go, so I got out when it rolled over.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-11-19 11:01:00	GMCR	sell	$50.510	short
2015-11-19 11:11:00	GMCR	buy	$50.695	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=3914924&end=20151219&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=3914924&end=20151119133600&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=3914924&end=20151119160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2015-11-23 18:37:54

You missed the ideal 1-2-3 short. http://prntscr.com/967fpq

GaTech_Trader

2015-11-24 22:34:04

Thank you for the help Sayed. I was trying to use the red candle just before my short entry as the lower high for a 1-2-3, but it didn't play out. I guess i need to be a little more patient with this pattern and give it time to develop?

GMCR Trade on Nov 19, 2015 11:01 from GaTech_Trader: Tradervue User Stock Trades.

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