NBG Trade on Feb 3, 2014 09:36 from oly_BOWS: Tradervue User Stock Trades.

This was a weak gap up still kind of inside recent consolidation with a bear flag and clear downtrend on the daily. I wanted to short it and fade the gap up. I used 1min chart to time the fade, but 5min below so you can see the entry and exits.

I covered half 1/2way through the gap at 4.56

I got cautious as it entered prev day price action, formed hammer with some volume and having trouble going down (2 greens and 2 doji) so I closed out the rest.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-03 09:36:41	NBG	sell	$4.680	short
2014-02-03 10:36:37	NBG	buy	$4.560	short
2014-02-03 11:44:59	NBG	buy	$4.530	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NBG&trade=828626&end=20140305&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NBG&trade=828626&end=20140203133459&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jcbugos_BOWS

2014-02-03 21:51:57

Nice Short!

silverholden

2014-02-03 22:23:36

Very well done.

NBG Trade on Feb 3, 2014 09:36 from oly_BOWS: Tradervue User Stock Trades.

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