CARA Trade on Sep 1, 2017 10:37 from JeffJeezy: Tradervue User Stock Trades.

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JeffJeezy

 

First of all...welcome back CARA!!!

This one found support at the 20 EMA, but it had started squeezing down for what I thought would be another collapse and bigger move to the downside.

My entry was the 2nd candle that broke the support, I still had MB telling me to short and it was getting tight so I was able to set a very manageable stop. So it was an anticipation play, waiting for it to fail the 20 EMA.

It fell below that a few more times but it was a fakeout and when MB got taken out against me, my stop got hit almost at the same time.

One thing, my setup had not confimed the short yet but I had 3 things telling me to short and the 1...my setup...telling me to wait. Hmmm, maybe my setup is all powerful lol.


Execution detail:

Date/time Symbol Side Price Position
2017-09-01 10:37:04 CARA sell $13.530 short
2017-09-01 10:47:21 CARA buy $13.620 0


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