NUGT Trade on May 26, 2016 09:59 from robw_BOWS: Tradervue User Stock Trades.

Sim Day 12

Last night, I was chatting with Jake Novakovich, and we specifically discussed $NUGT. We were looking at key Support and Resistance levels and what to expect the next morning. Jake called it perfectly on a gap up at the open. On the 30-minute chart, you can see that it gapped up and hit resistance at around $83 and was rejected. I shorted it twice for a nice sim day.

I happened to be on a conference call during this time, so the trade was a bit difficult to manage, but fortunately it worked out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-05-26 09:59:13	NUGT	sell	$80.020	short
2016-05-26 10:03:44	NUGT	buy	$78.860	0
2016-05-26 10:30:13	NUGT	sell	$80.620	short
2016-05-26 10:59:40	NUGT	buy	$75.600	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=4615883&end=20160526160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=4615883&end=20160526130940&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2016-05-26 12:43:15

Man, that 2nd entry was text book! Nice. But, you mentioned G/R?

NUGT Trade on May 26, 2016 09:59 from robw_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax