UWTI Trade on Dec 9, 2015 11:06 from ToqueX: Tradervue User Stock Trades.

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ToqueX

 

Grade=C
P/L= +0.65R

Entry: short after a rejection of a rally previously and a bit of a bear flag below the MAs on the 5m. Trend line had been broken and the overall trend of oil was down, so I was looking for a short entry.

Result: Got the move and scaled out. It turns out the timing was good for the entry. I could have been watching the 4.85 lavel from premarket to see if it would break before taking of the last tier. There was another nice down move that I didn't capture.


Execution detail:

Date/time Symbol Side Price Position
2015-12-09 11:06:40 UWTI sell $5.070 short
2015-12-09 11:14:03 UWTI buy $4.970 short
2015-12-09 11:15:30 UWTI buy $4.910 short
2015-12-09 11:23:28 UWTI buy $4.950 0


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