This was a wonderful trade!
AA spiked up out of the open and rejected 45.50, tested VWAP and I was short biased and planned to start a position moments too early and I should, as always, wait for a clearer signal.
Fortunately I did really good on my add. AA remained below .25 and had a hard time to move much further. I saw 45.15 hold the bid (low of decision-candle). Several ECNs joined .15 and I was going for a break of that level to add! I wanted to see the Offer to drop .15!!!
It did and my fill was just perfect at .13.
Then AA just sold off and caught me by surprise. I did not think it would move that fast and I covered into the spike down.
My Exits were pretty much perfect :-)
This was a wonderful trade!
AA spiked up out of the open and rejected 45.50, tested VWAP and I was short biased and planned to start a position moments too early and I should, as always, wait for a clearer signal.
Fortunately I did really good on my add. AA remained below .25 and had a hard time to move much further. I saw 45.15 hold the bid (low of decision-candle). Several ECNs joined .15 and I was going for a break of that level to add! I wanted to see the Offer to drop .15!!!
It did and my fill was just perfect at .13.
Then AA just sold off and caught me by surprise. I did not think it would move that fast and I covered into the spike down.
My Exits were pretty much perfect :-)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-10-03 09:36:00 | AA | sell | $45.190 | short |
2018-10-03 09:37:00 | AA | sell | $45.130 | short |
2018-10-03 09:37:00 | AA | buy | $44.720 | short |
2018-10-03 09:37:00 | AA | buy | $44.702 | short |
2018-10-03 09:40:00 | AA | buy | $44.610 | short |
2018-10-03 09:45:00 | AA | buy | $44.670 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!