OKE Trade on Feb 3, 2014 09:38 from oly_BOWS: Tradervue User Stock Trades.

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oly_BOWS

 

This tanked hard and I had the brilliant idea to fade it too. Bad idea for a few reasons

1) nothing about this chart looks like it will support the fade
2) previous candle is against the gap, my fades work better when previous day is in the same direction
3) the drop is huge suggesting this isn't just sell-side market makers playing off opening market orders, something is wrong.


Execution detail:

Date/time Symbol Side Price Position
2014-02-03 09:38:00 OKE buy $59.900 long
2014-02-03 09:38:48 OKE sell $59.760 0


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