RRD Trade on Aug 13, 2013 10:14 from oly_BOWS: Tradervue User Stock Trades.

RRD was flagging after collapsing intraday. It also was breaking it's flag on the daily to the downside and I figured it would be nice to add a short to my day. The market overall was acting jumpy and I didn't want to be long biased.

Entry: 18.81
Stop: 18.91
Target1: 18.61

It went a ways but then the price action stalled and I decided to cover as it entered consolidation at 18.75.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-13 10:14:24	RRD	sell	$18.810	short
2013-08-13 11:17:57	RRD	buy	$18.750	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RRD&trade=561317&end=20130912&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RRD&trade=561317&end=20130813132757&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-08-14 14:15:06

Textbook short entry off flat top breakdown, great patience.

RRD Trade on Aug 13, 2013 10:14 from oly_BOWS: Tradervue User Stock Trades.

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