MYOK Trade on Aug 7, 2017 09:34 from GaTech_Trader: Tradervue User Stock Trades.

This was the only clean gap up, with decent consolidation before the open. I took this on a 2min ORB break. It was a 5cent spreader so I was a little hesitant to take it and I got a bad fill on my long. The volume of my trigger candle candle was higher than the opening 2min candle, which is a very good sign for a gapper of this magnitude. If you look at a 1 min chart it had a nice pullback to VWAP before the pop and then ORB break, which would have been a better entry. I wish I would have held the 2nd sell longer and held a lotto position for the bounce off VWAP.

Execution detail:

Date/time	Symbol	Side	Price	Position
2017-08-07 09:34:03	MYOK	buy	$25.249	long
2017-08-07 09:35:48	MYOK	sell	$25.800	long
2017-08-07 09:37:04	MYOK	sell	$25.950	long
2017-08-07 09:40:05	MYOK	sell	$27.150	long
2017-08-07 09:47:52	MYOK	sell	$29.051	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MYOK&trade=5895497&end=20170906&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MYOK&trade=5895497&end=20170807121252&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MYOK&trade=5895497&end=20170807101352&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MYOK&trade=5895497&end=20170807104352&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

winkle007

2017-08-07 11:35:27

Nice trade, this was a scary trade for me because of the bid ask spread.

GaTech_Trader

2017-08-07 13:27:41

Thanks, yes I agree on the spread, I took it with a little smaller size.

MYOK Trade on Aug 7, 2017 09:34 from GaTech_Trader: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax