YELP Trade on Jan 14, 2016 09:47 from Mari_BOWS: Tradervue User Stock Trades.

YELP

ENTRY: I shorted, because it was downtrending with no support on the 6-month chart. I shorted a bear flag on a 2-minute chart. I should use 2-min charts in the first 30 minutes of the market.

EXIT: I got a 2R profit. Exited, because I was afraid of losing my profit so far. It continued as low as $19.08 which was my 6R target

My mistake here was that it had been down for so many days in a row. It was too late to short.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-01-14 09:47:50	YELP	sell	$20.080	short
2016-01-14 09:55:11	YELP	buy	$19.680	short
2016-01-14 09:57:09	YELP	buy	$19.670	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4130898&end=20160213&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4130898&end=20160114122209&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4130898&end=20160114160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4130898&end=20160114160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

YELP Trade on Jan 14, 2016 09:47 from Mari_BOWS: Tradervue User Stock Trades.

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