NFLX Trade on Oct 22, 2018 10:45 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Trade#3 for $NFLX Top Reversal
Granted, this was a crap trade. 

My Entry was way too early and I still had 335 in mind as resistance. 

I can't remember why, but I initiated a position at the 329 area and added to it above 331 for a planned final add on the reject of 335. The latter did not happen and $NFLX just spiked above 334 and reversed without a clear entry signal. 

Hence I did not have the best average price, but was fine and confident I would get out of the trade at some point. Eventually hoping for a retest of 335 or recent highs for an add. NFLX sold off and my first target was not filled on the first attempt to 329ish. 

NFLX retraced and put in another lower high before my target was hit. then I took off another bit when it seemed to break back above the EMA9 and EMA20 confluence. 

$NFLX retraced back up to 332 and I hesitated on the add as the market seemed stronger and I had 335 in mind. Still in with 15 shares that was fine for this kind of a day.

Rest of the Profits were ok around VWAP. 


Execution detail:

Date/time Symbol Side Price Position
2018-10-22 10:45:00 NFLX sell $329.202 short
2018-10-22 10:48:00 NFLX sell $331.513 short
2018-10-22 11:10:00 NFLX buy $329.500 short
2018-10-22 11:13:00 NFLX buy $329.130 short
2018-10-22 11:35:00 NFLX buy $328.370 short
2018-10-22 11:40:00 NFLX buy $327.904 short
2018-10-22 11:45:00 NFLX buy $327.740 0


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