PRAN Trade on Feb 3, 2014 09:53 from jmoscate_BOWS: Tradervue User Stock Trades.

Play #1: ORB breakdown

I got stopped out before I was able to reach the 2:1 ratio.

Play #2: Pullback

It was a bit of a chase as I had trouble getting filled but I have been watching it for a while and the daily was just waiting for it to break down as it was overextended so I did not want to miss it and the market was tanking. However, it squeezed me out on the final shares.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-03 09:53:35	PRAN	sell	$11.250	short
2014-02-03 09:58:17	PRAN	buy	$11.400	short
2014-02-03 09:58:17	PRAN	buy	$11.400	0
2014-02-03 10:06:23	PRAN	sell	$11.054	short
2014-02-03 10:14:00	PRAN	buy	$10.820	short
2014-02-03 10:18:28	PRAN	buy	$10.620	short
2014-02-03 10:32:04	PRAN	buy	$10.930	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=827786&end=20140305&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=827786&end=20140203124704&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-02-03 17:37:01

Bit of a late entry, Idea stop was $11.60.

Sayed

2014-02-03 18:50:53

I would have tried that second short right at that previous 11.25 spot.

jmoscate_BOWS

2014-02-03 18:54:55

I agree Nape and Sayed. Should have got in as soon as it broke the VWAP on the first play. The second entry, I actually tried to get in around 11.17 but kept slipping away and not getting filled in.

Markmandy54

2014-02-04 19:07:02

Nice re-entry

PRAN Trade on Feb 3, 2014 09:53 from jmoscate_BOWS: Tradervue User Stock Trades.

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