ELMD Trade on Dec 31, 2013 12:45 from AleksB_BOWS: Tradervue User Stock Trades.

Shorted when it looked like the stock was going to reverse as it broke under moving averages and stayed there.

Stopped out very quickly as the stock spiked.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-31 12:45:47	ELMD	sell	$3.000	short
2013-12-31 12:45:51	ELMD	sell	$3.000	short
2013-12-31 12:47:05	ELMD	buy	$3.080	short
2013-12-31 12:47:05	ELMD	buy	$3.080	short
2013-12-31 12:47:05	ELMD	buy	$3.080	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ELMD&trade=762210&end=20140130&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ELMD&trade=762210&end=20131231160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2013-12-31 15:47:22

The intra-day setup was ideal for a short. But I have found it frustrating, at least 70% of the time, when I try to short a stock that is in an upswing on the daily. I have had WAY more up days since I decided to just leave alone trade setups that were contradicting to the daily chart.

Nape_BOWS

2013-12-31 18:00:26

Looking at the 30min chart it was still in a uptrend. You have to align your trades on multiple time frames. It bounce right off the 9ema.

ELMD Trade on Dec 31, 2013 12:45 from AleksB_BOWS: Tradervue User Stock Trades.

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