DWTI Trade on Feb 23, 2016 10:34 from cwainscott_BOWS: Tradervue User Stock Trades.

Pullback to the 9 EMA. I saw on the daily chart that there was some resistance at the 274 mark where the 50 SMA was. That was my cue to start looking for the short for this stock.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-02-23 10:34:00	DWTI	buy	$258.200	long
2016-02-23 11:15:00	DWTI	sell	$274.950	0
2016-02-23 11:20:00	DWTI	buy	$269.450	long
2016-02-23 11:27:00	DWTI	sell	$273.000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DWTI&trade=4236038&end=20160324&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DWTI&trade=4236038&end=20160223133700&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Griffendore

2016-02-23 20:58:54

Were you looking at $USO as an indicator for this one?

cwainscott_BOWS

2016-02-23 21:05:49

No I didn't. This is a stock that I look at daily.

Griffendore

2016-02-23 21:08:38

Okay cool, Just curious, Very nice trade!

DWTI Trade on Feb 23, 2016 10:34 from cwainscott_BOWS: Tradervue User Stock Trades.

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