Shared by
uncrew_BOWS
4% loser from the previous day.
Opening range dump. Waited to see if the price would fall back under 9&20EMA (5 min chart).
Once it finally got under the 9&20EMAs it also fell under the VWAP. Waited to see if it would break back above the VWAP. Never did and the Stoch started to show overbought (5 min chart).
Tried the whole number test @ $46. It broke $46 and came right back down. Since it didn't hold $46 and it started going sideways under the VWAP, I placed a short @ $45.98 with a stop at $46.07 (.09 risk)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-12 11:17:04 | RMD | sell | $45.980 | short |
| 2013-12-12 11:17:04 | RMD | sell | $45.980 | short |
| 2013-12-12 15:59:51 | RMD | buy | $45.340 | short |
| 2013-12-12 15:59:51 | RMD | buy | $45.340 | 0 |
Comments
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!
Nice.