NCR Trade on Feb 7, 2014 15:28 from jmoscate_BOWS: Tradervue User Stock Trades.

Play: Bear flag

Another play where I should have stayed out. It bear flagged but realistically, it didn't since 40cents is not a flag pole. The ideal entry was at 32.5 but there were too many MA's underneath for me to have any faith in it. Once it started breaking the VWAP and 9ema, that is when I got in. I should have stayed out of it though IMO

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-07 15:28:09	NCR	sell	$32.275	short
2014-02-07 15:28:14	NCR	sell	$32.275	short
2014-02-07 15:28:20	NCR	sell	$32.275	short
2014-02-07 15:28:23	NCR	sell	$32.273	short
2014-02-07 15:40:49	NCR	buy	$32.040	short
2014-02-07 15:40:49	NCR	buy	$32.040	short
2014-02-07 15:40:49	NCR	buy	$32.040	short
2014-02-07 15:56:38	NCR	buy	$32.100	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NCR&trade=834423&end=20140309&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NCR&trade=834423&end=20140207160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-02-07 18:16:18

We both gotta work on hitting that entry quicker as soon as that lower high is established. Nice find.

kunal00

2014-02-08 20:22:27

32 is big support so ur covers were great but the entry only had a 25 cent reward on it so its probably a bit risky

NCR Trade on Feb 7, 2014 15:28 from jmoscate_BOWS: Tradervue User Stock Trades.

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