MGI Trade on Apr 17, 2014 09:47 from tomr_BOWS: Tradervue User Stock Trades.

Gap-down on daily chart. Squeeze at open. Took short position when it failed at $16.00 (round number) and started to fade. Scaled out partial positions when stock approached VWAP at $15.60 and when it got extended after 5 consecutive red candles.
Gain: $138 (2.9%)
Shares: 300

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-17 09:47:21	MGI	sell	$15.910	short
2014-04-17 09:51:10	MGI	buy	$15.620	short
2014-04-17 10:05:18	MGI	buy	$15.310	short
2014-04-17 10:33:02	MGI	buy	$15.250	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MGI&trade=946492&end=20140517&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MGI&trade=946492&end=20140417124802&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-04-20 01:31:15

Nice.

MGI Trade on Apr 17, 2014 09:47 from tomr_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax