APC Trade on Mar 14, 2016 09:59 from ToqueX: Tradervue User Stock Trades.

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Grade=C
P/L= 0.5R

Entry: shorted just under the VWAP. Stock was downgraded and oil was retracing its move from last week, so things were looking bearish for the whole sector

Exit: Took off the 1st 3rd where support was being found on the 5m chart to lock some in. Price then turned around and stopped me out at break even for the rest.

Comments: I'm happy with the way I managed it by getting out while the going was good. Alternatively I could have gone all in/all out and done better, but that wasn't the play as I was looking for 45 as the target to take off the next piece.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-14 09:59:00	APC	sell	$45.700	short
2016-03-14 10:02:31	APC	buy	$45.360	short
2016-03-14 10:04:44	APC	buy	$45.680	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=APC&trade=4321989&end=20160413&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=APC&trade=4321989&end=20160314160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=APC&trade=4321989&end=20160314123444&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=APC&trade=4321989&end=20160314103244&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

APC Trade on Mar 14, 2016 09:59 from ToqueX: Tradervue User Stock Trades.

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