1st trade
After a morning run up it reached the big resistance on the daily and started slowing down showing signs of weakness so I shorted on the longer term channel breakdown and breakdown of the 9EMA. Covered into the flush and banked some nice profits but then gave some back in my 2nd trade.
2nd trade
Once it tanked, the bounce came in which looked to me as a dead cat bounce stalling at the MA resistances so decided to reshort but no go. It bounce back above the MAs so I covered my position and gave some profits back from the 1st trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-02 12:02:32 | GLOG | sell | $25.334 | short |
2014-04-02 12:02:34 | GLOG | sell | $25.334 | short |
2014-04-02 13:24:58 | GLOG | buy | $25.010 | short |
2014-04-02 13:25:12 | GLOG | buy | $25.010 | short |
2014-04-02 13:40:02 | GLOG | sell | $25.160 | short |
2014-04-02 13:40:14 | GLOG | sell | $25.190 | short |
2014-04-02 13:40:14 | GLOG | sell | $25.190 | short |
2014-04-02 13:40:14 | GLOG | sell | $25.190 | short |
2014-04-02 13:40:14 | GLOG | sell | $25.200 | short |
2014-04-02 13:40:16 | GLOG | sell | $25.200 | short |
2014-04-02 13:40:16 | GLOG | sell | $25.200 | short |
2014-04-02 13:40:16 | GLOG | sell | $25.205 | short |
2014-04-02 13:40:16 | GLOG | sell | $25.205 | short |
2014-04-02 13:40:16 | GLOG | sell | $25.200 | short |
2014-04-02 13:56:03 | GLOG | buy | $25.190 | short |
2014-04-02 13:56:06 | GLOG | buy | $25.190 | short |
2014-04-02 13:56:06 | GLOG | buy | $25.190 | short |
2014-04-02 13:56:06 | GLOG | buy | $25.190 | short |
2014-04-02 14:01:48 | GLOG | buy | $25.240 | short |
2014-04-02 14:01:48 | GLOG | buy | $25.250 | short |
2014-04-02 14:01:49 | GLOG | buy | $25.280 | short |
2014-04-02 14:01:56 | GLOG | buy | $25.290 | 0 |
Yeah it was working indeed :) Thanks for the feedbacks, much appreciated!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
You had your cover-mojo working today. You nailed the top/bottom a few times.