SWN Trade on Nov 7, 2016 10:54 from Emilie_BOWS: Tradervue User Stock Trades.

Daily: gap up over (minor) resistance level 9.8, trend line break, very oversold
Intraday: bottom picking
Entry: after good size green candle, stop under its low
I didn't feel good about my entry or the setup, probably too risky as there could have been another selloff after VWAP test. However, I remembered oil stocks often had this type of pullback and run so I stayed in the trade and was determined to wait for at least 2:1 RR to take it off.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-11-07 10:54:18	SWN	buy	$9.860	long
2016-11-07 13:58:50	SWN	sell	$10.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SWN&trade=4953958&end=20161207&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SWN&trade=4953958&end=20161107160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SWN&trade=4953958&end=20161107160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SWN&trade=4953958&end=20161107160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SWN Trade on Nov 7, 2016 10:54 from Emilie_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax