SFUN Trade on Mar 24, 2014 14:46 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bounce play

It was oversold on the daily, it formed a bottom and played it for a bounce with break of VWAP. Not my type of play but wanted to try it.

What should I have been looking for? What is the difference between this play the $YY play taken by Kunal? thanks!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-24 14:46:17	SFUN	buy	$70.350	long
2014-03-24 14:46:17	SFUN	buy	$70.350	long
2014-03-24 14:55:17	SFUN	sell	$70.230	long
2014-03-24 14:55:26	SFUN	sell	$70.240	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SFUN&trade=909107&end=20140423&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SFUN&trade=909107&end=20140324160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SFUN&trade=909107&end=20140324152226&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-03-24 18:35:35

When stocks are oversold on daily. Sayed says look for the 1-2-3 setup for a scalp trade.

Sayed

2014-03-24 18:36:16

This one is trickier as there are no daily support or moving average which will hold it up.

jmos_BOWS

2014-03-24 20:13:53

Thanks guys! I will look for the 1-2-3 set up on bounce days! missed ARWR and KNDI because I did not know what to look for but thanks a lot!

SFUN Trade on Mar 24, 2014 14:46 from jmos_BOWS: Tradervue User Stock Trades.

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