UGAZ Trade on Jan 4, 2018 10:37 from Rick42Q: Tradervue User Stock Trades.

Gravatar

Shared by
Rick42Q

 

I've been scalping UGAZ / DGAZ reversals with decent success. I noticed the tailing action on the red one minute candle followed by a small doji on decent volume then jumped in as I saw buyers into the next one minute candle. I tried to resist selling too soon as I usually do and let it ride up into the $77 level where there was previous support (now resistance) from earlier in the day. It is tricky scalping these as they move so fast and can be quite unpredictable, but I've found that after extreme moves one way or the other they can be scalped with success, especially on days of the reports.


Execution detail:

Date/time Symbol Side Price Position
2018-01-04 10:37:00 UGAZ buy $75.300 long
2018-01-04 10:41:00 UGAZ sell $76.715 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in