MDCO Trade on Apr 1, 2014 10:47 from jmos_BOWS: Tradervue User Stock Trades.

Play: VWAP break down

VWAP was too far, chased it. I need to wait for it to consolidate on the VWAP and then look for the break down instead of catching it on the run when it is too far and is extended.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-01 10:47:36	MDCO	sell	$24.150	short
2014-04-01 10:47:36	MDCO	sell	$24.150	short
2014-04-01 10:47:36	MDCO	sell	$24.150	short
2014-04-01 10:47:36	MDCO	sell	$24.145	short
2014-04-01 11:02:13	MDCO	buy	$24.290	short
2014-04-01 11:02:16	MDCO	buy	$24.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MDCO&trade=920587&end=20140501&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MDCO&trade=920587&end=20140401132716&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MDCO&trade=920587&end=20140401112716&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-04-01 17:46:08

I've noticed when i've chased lately in this market im holding the bag, and when i stick to rule of no chase, i miss the BIG runner. DAMN!

MDCO Trade on Apr 1, 2014 10:47 from jmos_BOWS: Tradervue User Stock Trades.

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