TEUM Trade on Aug 6, 2018 10:11 from OGh: Tradervue User Stock Trades.

Shared by
OGh

2018-09-01 15:52:02

Bad trade

the momentum had shifted to the seller's control, with volume. You cannot be long when this happens in the stock. You have to look to get short on this play.
Look for the confirmation when VWAP was rejected and the bounce had failed.
this is a #4 pattern Cliff dive into the daily chart that is taking control

Ideal trade: the Failed spike in the morning with the resistance holding and getting under VWAP. get back short when the dip buy fails and have your risk to the high of the day. You have to be quick because if it goes past the HIGH of the day it could spike big. Had a lot of resistance and the failed spike should look to cover at the 2.50 NOT REALLY A RISK REWARD Trade where its ideal.

Execution detail:

Date/time	Symbol	Side	Price	Position
2018-08-06 10:11:10	TEUM	buy	$3.179	long
2018-08-06 10:20:29	TEUM	sell	$3.150	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TEUM&trade=8112037&end=20180905&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TEUM&trade=8112037&end=20180806160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TEUM&trade=8112037&end=20180806104729&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TEUM&trade=8112037&end=20180806160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

TEUM Trade on Aug 6, 2018 10:11 from OGh: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax