YELP Trade on May 2, 2014 10:37 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

Setup: Pullback to the 9 EMA. Gap fill candidate to the short side.

First entry sucked, as I thought it was flagging on the 2 minute. When it popped to the 9 EMA and couldn't get through, I made a better entry.

Strangely enough, my first cover order didn't get filled even as the price went a few pennies below the execution price. I guess there were not enough sellers for me to buy it back?

Second time around my order was executed.

Third entry was on a pop between the 9 and 20 EMA, but couldn't hold it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-02 10:37:15	YELP	sell	$61.690	short
2014-05-02 10:38:01	YELP	sell	$61.900	short
2014-05-02 11:21:36	YELP	buy	$60.800	short
2014-05-02 11:36:49	YELP	sell	$61.250	short
2014-05-02 12:28:30	YELP	buy	$61.000	short
2014-05-02 13:02:24	YELP	buy	$60.550	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=976427&end=20140601&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=976427&end=20140502131424&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=976427&end=20140502144224&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=976427&end=20140502160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Abletrader_BOWS

2014-05-03 00:30:12

yeah, I like this stock too.
Nice trades!

YELP Trade on May 2, 2014 10:37 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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