YELP Trade on Nov 2, 2016 11:18 from camilogomez38: Tradervue User Stock Trades.

I was playing a reversal to the mean play, as following my backtest this is the most likely scenario after a +3% gap. I waited patiently for the signal. It came when the stock broke the 5 min downtrend and made the higher low. I entered with a stop just below the LOD.

T1: 36.19 (previous pivot)
T2: 36.59 (VWAP)
T3: Reason2Sell

I took profits on the second lot when I saw that it pushed higher but market was failing hard. I raised the stop to the remaining lot just below the higher low as market was very weak.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-11-02 11:18:52	YELP	buy	$35.710	long
2016-11-02 11:24:37	YELP	sell	$36.190	long
2016-11-02 11:29:49	YELP	sell	$36.170	long
2016-11-02 11:42:01	YELP	sell	$35.620	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4945605&end=20161202&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4945605&end=20161102160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4945605&end=20161102140201&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=4945605&end=20161102123401&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

YELP Trade on Nov 2, 2016 11:18 from camilogomez38: Tradervue User Stock Trades.

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