Grade=C-
P/L= +1.3R
Entry: shorted a bounce in a bearish trend on the 5m. The daily was up against resistance and had put in a spike the previous day. The SPY was also down. The news on Yahoo was also mixed on stories of them selling off some of their business.
Result: I got my move and the entry looks good now. I covered 1/3 and let the rest run and waited patiently to get close to 35 to cover the 2nd 1/3. I tightened my stop and got taken out at 35.18. At the time of this writing price still hasn't cracked 35 but it looks to be approaching for another test.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-03 09:58:33 | YHOO | sell | $35.400 | short |
2015-12-03 10:04:20 | YHOO | buy | $35.260 | short |
2015-12-03 10:38:48 | YHOO | buy | $35.179 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!