DLTR Trade on Nov 21, 2013 11:24 from iStryker_BOWS: Tradervue User Stock Trades.

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iStryker_BOWS

 

Short 1 & 2
Pop over 9ema, too risky. This could break my perfect record today, covered flat. 15 minutes later. Setup look a little better took it. Ended up getting stopped out

Short 3
Stock was a little extended. Short 400 @ 56.71 Target 56.00. Stop 56.90 (max lose <$100). Plan to cover first half @ 56.50 so I don't have to watch the stock tick by tick.

Reason why I took this entry:
I find gap downs earing play that squeeze back up
1: go for nice long run
2: flag
3: go for a run again but shorter
4: then they are exhausted. Majority have covered flat or for a lost. At this time the Market Makers can retake over the stock and short it.

Ok the stock broke 56.50, I didn't cover as the short setup was there now. Added another 600 to my 400 position after it flagged under 9ema for 20minutes, kinda large for me, but it was the perfect setup flagging under 9ema.

Cover half @ 56.25, then re-add half @ 54.48 when it pop and couldn't hold the 9ema (5min)


Execution detail:

Date/time Symbol Side Price Position
2013-11-21 11:24:24 DLTR sell $55.630 short
2013-11-21 11:25:35 DLTR buy $55.630 0
2013-11-21 11:30:22 DLTR sell $55.600 short
2013-11-21 11:36:39 DLTR buy $55.700 0
2013-11-21 13:14:53 DLTR sell $56.710 short
2013-11-21 13:52:12 DLTR sell $56.460 short
2013-11-21 13:54:59 DLTR buy $56.250 short
2013-11-21 14:09:27 DLTR sell $56.480 short
2013-11-21 14:19:09 DLTR buy $56.550 0


Comments

2013-11-21 20:38:22
 

Bounced off that 55.5ish support. Tuff to short there

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