OMED Trade on Jan 25, 2016 09:59 from Togs: Tradervue User Stock Trades.

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Togs

Grade=C-
P/L= +2.4R

Entry: Short after a gap down. I saw the price action form a flat on the 5m chart. I felt like it had good fade potential even though it was already pretty extended to the downside.

Result: Got a slow fade after shaking out to the upside for a while. Luckily my stop absorbed that. I also added to the position after a couple of candles where I still had conviction in my thesis. I wasn't paying too much attention to the trade because I was paying attention to other trades. I ended up tightening the target and took it off after price action slowed to a crawl and my bedtime approached.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-01-25 09:59:14	OMED	sell	$9.580	short
2016-01-25 10:05:17	OMED	sell	$9.640	short
2016-01-25 11:27:46	OMED	buy	$9.410	short
2016-01-25 11:29:39	OMED	buy	$9.350	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=OMED&trade=4160428&end=20160224&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=OMED&trade=4160428&end=20160125160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=OMED&trade=4160428&end=20160125132939&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=OMED&trade=4160428&end=20160125112939&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

OMED Trade on Jan 25, 2016 09:59 from Togs: Tradervue User Stock Trades.

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