UGAZ Trade on Apr 3, 2014 10:41 from stormstocks_BOWS: Tradervue User Stock Trades.

Mistake and I see it now. Stock broke down on big volume bar with big down price move. One more down bar on a little bit less volume and then a double bottom that I missed. Stock runs up back, nice strong price bars but not much volume and as it hit price resistance I decided to short it. Not the best idea. It kind of looked like for a second that it could be a bear flag, that is truth, but I had 10 SMA and 21 EMA right underneath the price and mov avg were pointing upward.

Set up: NOOOO
Stop: 23.90
Would I make this trade with real money;? yes
Clean chart : Kind of choppy that pattern looked like in the morning so NO

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-03 10:41:44	UGAZ	sell	$23.630	short
2014-04-03 10:41:44	UGAZ	sell	$23.630	short
2014-04-03 10:54:27	UGAZ	buy	$23.790	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UGAZ&trade=924700&end=20140403160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UGAZ&trade=924700&end=20140403131927&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UGAZ&trade=924700&end=20140403112027&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UGAZ&trade=924700&end=20140503&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

UGAZ Trade on Apr 3, 2014 10:41 from stormstocks_BOWS: Tradervue User Stock Trades.

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