Shared by
Boston
Daily: Gap up in Resistance
Intraday 1: Shorted because it was failing to hold VWAP but I was too early. I set my stop at HOD and was stopped out.
Intraday 2: This had a cleaner setup on the 5 min chart the second time around. It had a double top near the $17.00 level which is where I wanted to get short, but this told me there was selling pressure there. When this closed a 5 min candle below VWAP, I got short again with stop HOD. I looked at the daily chart, and since this had fallen quite a bit off the pre-market highs and was below the level I wanted to get short at, I covered half for a small loss and then the trade actually worked out.
1/2 50%
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-07-31 09:42:32 | NRZ | sell | $16.700 | short |
| 2017-07-31 09:54:02 | NRZ | buy | $16.860 | 0 |
| 2017-07-31 10:06:18 | NRZ | sell | $16.740 | short |
| 2017-07-31 10:06:19 | NRZ | sell | $16.740 | short |
| 2017-07-31 10:08:28 | NRZ | sell | $16.730 | short |
| 2017-07-31 10:08:29 | NRZ | sell | $16.730 | short |
| 2017-07-31 10:27:30 | NRZ | buy | $16.780 | short |
| 2017-07-31 10:49:19 | NRZ | buy | $16.590 | short |
| 2017-07-31 11:00:51 | NRZ | buy | $16.730 | 0 |
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