BZUN Trade on Aug 23, 2017 10:16 from JeffJeezy: Tradervue User Stock Trades.

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JeffJeezy

 

I watch 18 tickers every day, all at the same time. I had 2 specific tickers I had my Flex Grids pulled up for, specifically to concentrate on those 2 for opening bell. MOMO and BZUN. (So although I watch 18 tickers....for the opening bell, I was only watching those 2 to see if I could catch an opening play)

This took off way too far, too fast for me to jump in at the open, it almost moved $1.50 on the first candle. That being said,after the huge move up...

This is my set up, the consolidation it had after that giant opening...the fact that it flagged, then I got in on the breakout. We flew past 28.5, then the next candle was a doji which means indecision.

Indecision is fine as long as we decide to do what I want to do (right?) so I waited that out and held until the next candle to see...what IS the decision?

That next red candle might not look like it, but that 1 candle is .47 cents tall. So we had the doji indecision, then the next candle we pulled back more than half the green candle I got in on.

I am morning trading, so basically scalping, I don't have time to let things consolidate for another 30 minutes, so I jumped out with a .10 cent profit.

Considering this thing was pushing up and down .50 cents at a time in split seconds, I was a little sketched out so I took my profit.


Execution detail:

Date/time Symbol Side Price Position
2017-08-23 10:16:40 BZUN buy $28.300 long
2017-08-23 10:23:40 BZUN sell $28.400 0


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