Gravatar

Shared by
boldandnuts

 

AA

Oct 3, 2018 09:36


Tags:

The Open OGT Good Exit Good Entry Earnings Backside Trade

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


Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in