FCX Trade on Apr 19, 2016 09:33 from jmos_BOWS: Tradervue User Stock Trades.

Play: Parabolic

Stock opened strong into resistance on the daily, broke through but seemed to struggle and was extended so got in. It held and started squeezing. I wanted to hold since it was a starter position and was getting very extended so added to position near top and added once more when top seemed to be in and XLE was pulling back as well. Covered in the flush as per plan. A bit mad at myself bc i held too many lottos. XLE was looking very weak and had broken LOD so expected FCX to test LOD but XLE bounced right back up and so did FCX so part of me says holding half the position was worth the risk even if i left a lot of money on the table.

Reasons to cover:pullback, VWAP

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-04-19 09:33:34	FCX	sell	$11.332	short
2016-04-19 09:36:45	FCX	sell	$11.440	short
2016-04-19 09:38:33	FCX	sell	$11.450	short
2016-04-19 09:41:01	FCX	buy	$11.320	short
2016-04-19 09:41:16	FCX	buy	$11.290	short
2016-04-19 09:43:39	FCX	buy	$11.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=4521983&end=20160519&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=4521983&end=20160419120839&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=4521983&end=20160419101039&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

FCX Trade on Apr 19, 2016 09:33 from jmos_BOWS: Tradervue User Stock Trades.

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