CPLP Trade on Jan 21, 2016 09:50 from Mari_BOWS: Tradervue User Stock Trades.

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Mari_BOWS

 

1.8 R

ENTRY
Daily: gap up over 9EMA
Intraday: flag, pullback to 9EMA and holding above VWAP. I used a 2-minute chart.
Stop was $4.20 under previous spike.
Target was HOD $4.33.
2R target was $4.41
Poor R/R.

EXIT
I sold half around my 2R target. Then I held for too long. Otherwise I could've made up to 2.6R.


Execution detail:

Date/time Symbol Side Price Position
2016-01-21 09:50:09 CPLP buy $4.250 long
2016-01-21 09:56:13 CPLP sell $4.390 long
2016-01-21 10:18:30 CPLP sell $4.360 0


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