QIHU Trade on Jul 8, 2013 10:14 from RaeTrades: Tradervue User Stock Trades.

Setup: Reversal
Risk: Could of gotten a better spot with this play. If I did I would of added another 300 shares closer to the top of that wick
Breakdown: RSI wasn't too high but we got a couple wicks on the 5 minute chart and looked like we would get a small correction. Went in small but still grab some decent profit

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-08 10:14:27	QIHU	sell	$50.260	short
2013-07-08 10:23:06	QIHU	buy	$49.950	short
2013-07-08 10:23:43	QIHU	buy	$50.060	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=QIHU&trade=508582&end=20130807&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=QIHU&trade=508582&end=20130708124843&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=QIHU&trade=508582&end=20130708112143&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=QIHU&trade=508582&end=20130708105043&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JoJoTrades

2013-07-08 21:58:51

nice play. clean

RaeTrades

2013-07-08 22:03:58

Thanks!

QIHU Trade on Jul 8, 2013 10:14 from RaeTrades: Tradervue User Stock Trades.

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