DANG Trade on Mar 6, 2014 09:31 from Markmandy54: Tradervue User Stock Trades.

Daily Parabolic, Gapdown ORB short. Gave some wiggle room and started to base so set hard stop and got hit. Will keep on radar for swing short later.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-06 09:31:14	DANG	sell	$16.900	short
2014-03-06 09:51:17	DANG	buy	$17.180	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=872222&end=20140306104517&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=872222&end=20140306121617&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=872222&end=20140306160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=DANG&trade=872222&end=20140405&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jco1987_BOWS

2014-03-06 12:54:18

I don't see the ORB! I think that was just a big squeeze from yesterday's close. Glad you got this back tho on your next short

Markmandy54

2014-03-06 13:06:29

Was playing the gapdown under 17 on news CEO stepping down on a parabolic runner. Just a little miss timed.

jmoscate_BOWS

2014-03-06 15:09:48

Taking a trade right at the open, that is tough.

Markmandy54

2014-03-06 22:59:44

JM, not as long as the R:R keeps working. I only have a 40% win rate on these plays but with a 6:1 it warrants the risk. Parabolic move that gaps down on PR news.

DANG Trade on Mar 6, 2014 09:31 from Markmandy54: Tradervue User Stock Trades.

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