CHK Trade on Mar 2, 2016 15:09 from Wes_BOWS: Tradervue User Stock Trades.

Catching the backside flush on CHK - I set my stop buy order at just above the previous bull flag, as I figured that might be an area of resistance. Sure enough, it was.

Had to be a quick trade, as this one was in an overall uptrend and this was just a slightly larger than normal pullback. I was also a few minutes late to the pullback, but I knew there was a bit of room if it was a SI/SO (single in/single out) trade.

Mental grade = 80% Risk was on being late to the downside flush. Nailed the exit though - feels good to know where you set your stop and you actually are ok with it hitting the stop and getting you out of a trade (ITM).
Paper grade = 80%

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-02 15:09:18	CHK	sell	$3.480	short
2016-03-02 15:16:16	CHK	buy	$3.350	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CHK&trade=4298829&end=20160401&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CHK&trade=4298829&end=20160302160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CHK&trade=4298829&end=20160302160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CHK&trade=4298829&end=20160302160000&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CHK Trade on Mar 2, 2016 15:09 from Wes_BOWS: Tradervue User Stock Trades.

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