ILMN Trade on Jan 21, 2014 11:14 from silverholden: Tradervue User Stock Trades.

I had this on my list as a potential short, and entered this because I saw Kunal alerting to the fade. I entered when it went below the VWAP and 9 EMA. I didn't get a great entry, and set my stop based on EMA support. I was shaken out quickly. When I saw it begin to fall off, I chased it back down with a 140 stop right about 9 EMA. I was stopped out again shortly. I should not have taken this trade. It was a little messy looking to me, and I think I let the fact that Kunal was in it sway me a bit.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-21 11:14:09	ILMN	sell	$140.000	short
2014-01-21 11:16:31	ILMN	buy	$140.250	0
2014-01-21 11:21:08	ILMN	sell	$139.685	short
2014-01-21 11:34:44	ILMN	buy	$140.000	short
2014-01-21 11:34:44	ILMN	buy	$140.000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ILMN&trade=808152&end=20140220&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ILMN&trade=808152&end=20140121200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ILMN&trade=808152&end=20140121135944&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

ILMN Trade on Jan 21, 2014 11:14 from silverholden: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax