SQ Trade on Jan 29, 2018 13:35 from d3totherescue: Tradervue User Stock Trades.

Trend Break/Late Day

Trade Idea:

I had been watching SQ all day. The stock was weak, but it was bouncing. I saw the trend break on the bounce, and I decided to short. 1st target area was 45.50, and that is exactly where it bounced. After the bounce there was a wash, and that is when I covered the rest of my position.

Risk Management:

I was risking .12 on the trade because that is where last pop was. If the price came above that area then I would be wrong in my judgement.

Improvement:

-Do a study on trend break plays

Execution detail:

Date/time	Symbol	Side	Price	Position
2018-01-29 13:35:00	SQ	sell	$45.710	short
2018-01-29 14:50:00	SQ	buy	$45.530	short
2018-01-29 15:41:00	SQ	buy	$45.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=6619480&end=20180129155900&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=6619480&end=20180129160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=6619480&end=20180129160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SQ&trade=6619480&end=20180228&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

SQ Trade on Jan 29, 2018 13:35 from d3totherescue: Tradervue User Stock Trades.

Trend Break/Late Day

Trade Idea:

Risk Management:

Improvement:

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