CLX6 Trade on Oct 5, 2016 08:23 from scottpdemars: Tradervue User Stock Trades.

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scottpdemars

 

I had a 30m GAP level marked on chart and clicked on chart and SAW a 2m WICK PLACED order ASAP THEN I CANCELLED and placed HIGHER 1 cent and only (1 CONTRACT FILLED)
I could have added on the RETEST but DID NOT like the LACK of CLEAN EXIT TOO MUCH BASING BELOW LEVEL
Then I moved my stop OPEN 1 more cent to catch UPPER WICK ~GOT STOPPED OUT to much CHOP in front of NEW

2nd trade ENTRY I risk $30 and after trade fell $100 I lowered STOP to FLAT in front of NEWS. Odds of a GAP above STOP were LOW but possible, I had a 50/50 chance CL RIPPED DOWN AFTER NEWS and THIS TIME it DID NOT PAN OUT

I knew that NEWS at 9:30 could Gap price~lucky I was taken out FLAT trade HIT the 60m RBR wick

I DID NOT WANT to ACCEPT the $30 risk on the 1st trade yet I give back profits

THERE JUST WAS NO CLEAN EXIT

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Execution detail:

Date/time Symbol Side Price Position
2016-10-05 08:23:26 CLX6 sell $49.65 short
2016-10-05 08:51:42 CLX6 buy $49.69 0
2016-10-05 09:36:04 CLX6 sell $49.64 short
2016-10-05 10:29:55 CLX6 buy $49.64 0


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