UVXY Trade on Apr 15, 2014 01:00 from stormstocks_BOWS: Tradervue User Stock Trades.

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stormstocks_BOWS

 

"FIRST TRADE:
SPX and NDX were down a lot of points and both finished the 5th wave. SPX was testing yesterdays lows and NDX was testing very important resistance level that hold for a months.
So expected to bounce here. UVXY had a nice set up as it was coiling under the price resistence it popped out of this coil with some volume. I bought the pullback at 70.60 as it was a previes highs resistance as well. I could have a wait a couple more minutes to get it at 70.40 but still good buy. As it hold 21 EMA It run to 71.60. I sold at 71.40.
Also expecting a run on indexes I wanted to short around 71.40 but my guy does not have short for this which sucks, oh well.
THis was a best trade of the day for me.
Set up: YES
Stop: 70.30
Clean Chart: Yes"


Execution detail:

Date/time Symbol Side Price Position
2014-04-15 01:00:17 UVXY sell $71.400 short
2014-04-15 02:49:36 UVXY buy $65.820 short
2014-04-15 02:51:36 UVXY sell $65.300 short
2014-04-15 02:56:46 UVXY buy $65.970 short
2014-04-15 02:56:48 UVXY buy $65.940 0


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