OHGI Trade on Jun 8, 2017 10:10 from Boston: Tradervue User Stock Trades.

This was a bad trade. I was getting long on the pullback, but the problem was that it was too steep of a pullback with a large red candle. It was below the VWAP when it started bouncing and just didn't have the best look to it.

I did like when it did start to bounce back over the VWAP so I entered in twice, once anticipating it moving back over, then once it confirmed. Although this was an "ok" entry, the correct entry would have been to wait for it to move back over the VWAP, and then consolidate over the VWAP for a better looking flag. Although this would have been a failed trade, it would have been worth the risk and followed the rules to my strategy.

Taking the entries I did, did not coincide with my strategy and broke one of my rules of not longing under the VWAP.