AMZN Trade on Jan 15, 2016 09:51 from James_BOWSsim: Tradervue User Stock Trades.

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James_BOWSsim

 

Saw weakness on the daily chart, and gap down at the open. Such a huge exhaustion gap requires a pullback closer to the 9 EMA area before it goes red. As soon as I saw the trend reversing I was in there like swimwear.

After Kunal's webinar on trading bear markets last night I feel much more aware of what is going on. Even with a small account you can still afford ~40 shares on AMZN. Stocks like this are great in a bear market because they are liquid and have a great range at the open.


Execution detail:

Date/time Symbol Side Price Position
2016-01-15 09:51:38 AMZN sell $580.620 short
2016-01-15 09:54:31 AMZN buy $577.640 short
2016-01-15 09:55:39 AMZN buy $577.720 0
2016-01-15 10:11:39 AMZN sell $580.201 short
2016-01-15 10:12:25 AMZN buy $578.400 0

Comments

Gravatar LPeriman_BOWS
January 16, 2016

Nice quick pullback to 9ema play. I see your tag as green to red, but I assume that's an accident since AMZN wasn't green at all today. Still, really like the entries but wonder about your reason(s) to exit.

Gravatar James_BOWSsim
January 19, 2016

I wasn't really sure what to call this one. I saw the gap down and the buyers get suckered in and then decided it was a short. My jittery selling is very apparent on this one. Revising that sell list today before class starts.

Gravatar kunal00
January 24, 2016

man thats a nice enntry!

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