Shared by
maoc389
Saw a level of resistance on the daily at 3.89 so i knew that is where i wanted to short the exhaustion gap today. Ended up being too slow getting an execution there but got in at a decent price 3.83.
The first time i tried to short i ended up getting too early and then covered for a small loss.. set too tight of a stop. The second time i got in at 3.83 and then caught the flush in the next 10 minutes and covered at 3.51... scaled out, and then got stopped out of my last small position.
MAN this thing was good. Remounted to 4 dollars after the opening flush and then immediately bounced so i knew i was looking at a solid two tap there on the 5 minute. Failed to break 4 and then i knew i was good for another short. Got a second execution in 3.85 and rode that all the way down. Covered some at 3.73 and then covered the rest at 3.67
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-01-12 09:33:18 | URRE | sell | $3.800 | short |
| 2017-01-12 09:33:19 | URRE | sell | $3.795 | short |
| 2017-01-12 09:33:19 | URRE | sell | $3.800 | short |
| 2017-01-12 09:34:52 | URRE | buy | $3.820 | short |
| 2017-01-12 09:34:52 | URRE | buy | $3.820 | short |
| 2017-01-12 09:34:52 | URRE | buy | $3.820 | short |
| 2017-01-12 09:34:52 | URRE | buy | $3.820 | short |
| 2017-01-12 09:34:52 | URRE | buy | $3.820 | short |
| 2017-01-12 09:34:52 | URRE | buy | $3.820 | 0 |
| 2017-01-12 09:35:14 | URRE | sell | $3.820 | short |
| 2017-01-12 09:35:51 | URRE | sell | $3.832 | short |
| 2017-01-12 09:35:51 | URRE | sell | $3.825 | short |
| 2017-01-12 09:37:46 | URRE | buy | $3.510 | short |
| 2017-01-12 09:42:26 | URRE | buy | $3.520 | short |
| 2017-01-12 09:42:26 | URRE | buy | $3.520 | short |
| 2017-01-12 09:44:27 | URRE | buy | $3.820 | short |
| 2017-01-12 09:44:27 | URRE | buy | $3.820 | 0 |
| 2017-01-12 09:49:23 | URRE | sell | $3.850 | short |
| 2017-01-12 09:49:23 | URRE | sell | $3.850 | short |
| 2017-01-12 09:49:23 | URRE | sell | $3.850 | short |
| 2017-01-12 09:49:24 | URRE | sell | $3.851 | short |
| 2017-01-12 09:49:40 | URRE | buy | $3.856 | short |
| 2017-01-12 09:49:40 | URRE | buy | $3.862 | short |
| 2017-01-12 09:49:40 | URRE | buy | $3.867 | short |
| 2017-01-12 09:49:40 | URRE | buy | $3.870 | 0 |
| 2017-01-12 09:49:58 | URRE | sell | $3.890 | short |
| 2017-01-12 09:52:19 | URRE | sell | $3.890 | short |
| 2017-01-12 09:57:41 | URRE | buy | $3.730 | short |
| 2017-01-12 09:57:41 | URRE | buy | $3.730 | short |
| 2017-01-12 09:57:41 | URRE | buy | $3.730 | short |
| 2017-01-12 09:57:41 | URRE | buy | $3.730 | short |
| 2017-01-12 10:02:17 | URRE | buy | $3.666 | 0 |
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