FCX Trade on May 10, 2016 10:49 from pstark89: Tradervue User Stock Trades.

Shorted it anticipating the VWAP as resistance. Stopped out. Tried it again when it looked like it broke down. Covered some into the weakness but it bounced for a 123 reversal and covered the balance flat.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-05-10 10:49:36	FCX	sell	$10.640	short
2016-05-10 10:59:44	FCX	buy	$10.700	0
2016-05-10 11:17:53	FCX	sell	$10.640	short
2016-05-10 11:23:12	FCX	buy	$10.580	short
2016-05-10 11:34:38	FCX	buy	$10.555	short
2016-05-10 11:46:08	FCX	buy	$10.660	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=4574340&end=20160609&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FCX&trade=4574340&end=20160510135608&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

josephhackett_BULLS

2016-05-10 16:50:23

Hi Pstark,
Nice recovery on that second entry.....tuff to short when the market is strong and oils running....that area where you sold on your first attempt was the dead ringer all that resistance on those opening candles added some wind to your back...you certainly timed your exit perfect....thanks for sharing

FCX Trade on May 10, 2016 10:49 from pstark89: Tradervue User Stock Trades.

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