FANG Trade on Apr 11, 2014 12:52 from mirko_BOWS: Tradervue User Stock Trades.

The stock was bouncing off the 20SMA on the daily but reached the big resistance from the daily and started fading out after lunch time. Shorted on the flag breakdown but got stopped out on the spike at a penny. Had the right idead since it nicely tanked afterwards but my stop loss was too tight I guess so I missed a nice trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-11 12:52:15	FANG	sell	$69.080	short
2014-04-11 12:52:15	FANG	sell	$69.090	short
2014-04-11 13:12:19	FANG	buy	$69.550	short
2014-04-11 13:12:26	FANG	buy	$69.410	short
2014-04-11 13:12:46	FANG	buy	$69.590	short
2014-04-11 13:12:46	FANG	buy	$69.590	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FANG&trade=936851&end=20140511&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FANG&trade=936851&end=20140411160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jmos_BOWS

2014-04-13 12:41:32

Tough luck on those spikes but better be safe than sorry especially seeing the way it moves when it goes up.

mirko_BOWS

2014-04-13 12:48:38

Yeah exactly, that was my thinking as well so I bailed out. It was quite messy one to trade intraday! Appreciate the feedback mate!

FANG Trade on Apr 11, 2014 12:52 from mirko_BOWS: Tradervue User Stock Trades.

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