Shared by
tsun
much like POM trade.. This one had news about SEC investigation.
The SEC is looking into whether the Company correctly accounted for the costs, budgets and expected sales of the 787 Dreamliner and 747 Jumbo aircraft.
Bought into the wash watching for the reversal indication on the 1 minute chart. the green candle told me that it was possibly going to reverse. I got in partial size, never going in full in these kind of plays, sold for a quick profit.
Then I used 108 109 area as resistance for a flip to go short, watching for 108 to fail. I covered once small since it seemed 108 would hold and grind higher to 109 so I covered small. When downtrend resumed past 108, I shorted again and covered into 106.50s
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-02-11 10:41:51 | BA | buy | $106.300 | long |
| 2016-02-11 10:43:01 | BA | sell | $107.030 | 0 |
| 2016-02-11 10:45:14 | BA | sell | $108.100 | short |
| 2016-02-11 10:50:11 | BA | buy | $107.940 | 0 |
| 2016-02-11 10:51:36 | BA | sell | $107.960 | short |
| 2016-02-11 10:53:25 | BA | buy | $107.540 | short |
| 2016-02-11 10:54:06 | BA | buy | $107.100 | short |
| 2016-02-11 10:55:11 | BA | buy | $106.600 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!