NXST Trade on Mar 19, 2014 11:37 from Blake_BOWS: Tradervue User Stock Trades.

Again, same thing as my nxst short. This setup would have been better if I waited for it to rest since it just dropped a dollar in 4 candles.

I'm glad that I'm reviewing my trades, because it has already helped me!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-19 11:37:47	NXST	sell	$34.630	short
2014-03-19 11:37:49	NXST	sell	$34.630	short
2014-03-19 11:37:52	NXST	sell	$34.600	short
2014-03-19 11:51:59	NXST	buy	$34.770	short
2014-03-19 11:51:59	NXST	buy	$34.750	short
2014-03-19 11:52:03	NXST	buy	$34.780	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NXST&trade=901682&end=20140418&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NXST&trade=901682&end=20140319141703&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NXST&trade=901682&end=20140319160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-03-19 12:39:44

You shorted right into support and it was extended. Extended moves into Support or resistance has high probability to bounce at that spot.

Nape_BOWS

2014-03-19 15:51:12

Never chase. Wait for it to pullback if you miss the initial flush. There is always a second play.

NXST Trade on Mar 19, 2014 11:37 from Blake_BOWS: Tradervue User Stock Trades.

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