HP Trade on Dec 5, 2016 14:56 from raman93_BOWS: Tradervue User Stock Trades.

Got news in the chat that oils had died so I went through all oil stocks looking for anything that hadn't already been to the downside.

Bear flag forming with a drop below VWAP, took my entry at the VWAP and stop above.
Was about to take profits in the first drop but thought it would continue... almost got spooked out when it retested VWAP but held on for the subsequent drop.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-12-05 14:56:06	HP	sell	$81.340	short
2016-12-05 14:56:06	HP	sell	$81.340	short
2016-12-05 14:56:06	HP	sell	$81.330	short
2016-12-05 15:18:05	HP	buy	$81.180	short
2016-12-05 15:19:04	HP	buy	$81.100	short
2016-12-05 15:22:37	HP	buy	$81.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=HP&trade=5040417&end=20170104&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=HP&trade=5040417&end=20161205160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2016-12-22 10:37:28

i se it..ur entry just is so low.. the resistance is at 82 so shorting sucha thick stock into a spike down is gonna be tired.

HP Trade on Dec 5, 2016 14:56 from raman93_BOWS: Tradervue User Stock Trades.

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