FOLD Trade on Mar 20, 2015 11:11 from brian_g_BOWS: Tradervue User Stock Trades.

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brian_g_BOWS

 

Went short 500 shares at 11.74 with a .15 stop or a loss of $75. Covered 200 at 11.42 and moved the stop on the remaining shares to break even. Covered 200 more at 11.22 and got stopped out the remaining 100 at 11.46


Execution detail:

Date/time Symbol Side Price Position
2015-03-20 11:11:15 FOLD sell $11.740 short
2015-03-20 11:57:15 FOLD buy $11.420 short
2015-03-20 13:11:15 FOLD buy $11.220 short
2015-03-20 13:37:15 FOLD buy $11.460 0

Comments

Gravatar StevenBurt_BOWS
March 21, 2015

Nice trade, what was your trigger for the entry? the crack below the ma9?

Gravatar brian_g_BOWS
March 21, 2015

Yes and a few other tings I seen. One it was a gap down after looking weaker from mid day the day before. I was looking for continuation in the direction of the gap which was down. It could not break above the 20 MA to the upside which was $11.85 and it was 11:00. I had a trend line that was crossing through the price right at the same spot as the 9 MA. The only thing I did not like about the set up was the stock was above VWAP which it ran into at11:20 and could not break below until about 11:40.

Gravatar kunal00
March 28, 2015

great entry

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