SPY Trade on Nov 28, 2011 09:35 from thearmotrader: Tradervue User Stock Trades.

Buy on pullback to VWAP. Noticed it could be grind up day. Sold for a quick scalp (slightly early, original target was above .80).

Should have bought pullback to ~.65 and sold when it hit 120.00 Resistance.

Nothing big here, but a quick scalp on the open gives your more confidence to put on more size for other trades (because that way if the other trades are losing trades, your p/l would just go back to ~0)

Execution detail:

Date/time	Symbol	Side	Price	Position
2011-11-28 09:35:52	SPY	buy	$119.330	long
2011-11-28 09:35:52	SPY	buy	$119.330	long
2011-11-28 09:40:06	SPY	sell	$119.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=83101&end=20111128100806&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=83101&end=20111128121006&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=83101&end=20111128160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=83101&end=20111228&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Makukh

2011-11-30 08:00:03

A nice entry. You look at the tape when trade ETF's?

thearmotrader

2011-11-30 13:04:19

Thanks. Yes, but I don't put much emphasis on it because of the large volume flow coming through. So I just realy more on price-action and setups.

SPY Trade on Nov 28, 2011 09:35 from thearmotrader: Tradervue User Stock Trades.

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