Shared by
MarcP_BOWS
Bear Flag Short.
Shorted The Stock When It Looked like it was flagging and moving to the EMA.
Covered all Into the dorp, Wanted to exit Just in case the Stock Double Bottoms.
In 2.96
Risk 3.06
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-04-29 09:51:33 | PRGN | sell | $2.960 | short |
| 2016-04-29 09:53:05 | PRGN | buy | $2.660 | 0 |
Comments
MarcP_BOWS
Hi James thanks. I like the 1min chart. Makes for a lot more entry opportunity. I don't like to trade pre market. Because of the volume. There is always a risk of the stock moving in air. I try my best to stay away from premarket.
James-H-Moore_BOWS
Hello Marc, I replied using my phone and had a slight typo. I meant "9:45", not "9:15". As a BOWS student, I too avoid premarket trading.
Aah OK. Yea I don't think I would have traded at that 9.45. I was long biased. I would wait like I did for the M.A's to catch up.. The first drop was not predictable.
Aah OK. Yea I don't think I would have traded at that 9.45. I was long biased. I would wait like I did for the M.A's to catch up.. The first drop was not predictable.
kunal00
excellent!
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Great execution. I see you're using 1minute charts. I wonder if you could have caught the bearish move at 9:15 if you were using the 3-5 min charts. I was watching this for a short, but missed it.