IFON Trade on Jan 23, 2014 11:30 from silverholden: Tradervue User Stock Trades.

I shorted IFON as it pulled back near 9 EMA after it broke down through the VWAP. Didin't really have a setup here, and it went ahead and pulled back up.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-23 11:30:51	IFON	sell	$2.311	short
2014-01-23 12:19:54	IFON	buy	$2.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=IFON&trade=812907&end=20140222&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=IFON&trade=812907&end=20140123200000&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=IFON&trade=812907&end=20140123143454&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

BillySee_BOWS

2014-01-23 22:31:30

100% correct, no set up here, and no volume here. I'm curious "Why did you take this trade"?

silverholden

2014-01-23 23:26:00

I would like to give an insightful answer to that, but I can't. I was bouncing around at work, and best I can tell I was thinking that it was going to fade since it broke the VWAP. The odd thing is that I was watching this stock for a long. Once major error today, is that I didn't consult my notes from last night. I should have, but was just too busy with other stuff. Also I was having issues with my workstation at work, which is where I normally run TC2000 during the day. So I was trying to fix that while running all my usual work stuff plus TC2000 plus Prodigio on my Macbook Air, which is was cumbersome and slow. It sounds stupid, but that was throwing me off.

IFON Trade on Jan 23, 2014 11:30 from silverholden: Tradervue User Stock Trades.

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