URBN Trade on May 19, 2015 09:58 from handycandi_BOWS: Tradervue User Stock Trades.

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handycandi_BOWS

 

Shorted when price pulled back to 9EMA on 2-min chart, while forming bear flag. Set stop above VWAP because this has been a bit loose this morning. Sold half into spike; moved stop to entry price. Sold another fourth into spike. Moving stop down as needed to stay just above 5-min 9EMA, which now lower than buy price. Shorted more when price pulled back to 2-min 9EMA again, with stop just above 5-min 9EMA, as new average entry price is $33.81. Covered half into low of day (I know, a buy spot) because I wanted to lock in some profit. Sold remaining half into small spike, when I was at $100 profit for the day, because I wanted to walk away.

Here is a pic of where I drew the bear flag trend lines:

http://www.screencast.com/t/EId2uSds


Execution detail:

Date/time Symbol Side Price Position
2015-05-19 09:58:59 URBN sell $34.220 short
2015-05-19 10:02:29 URBN buy $34.030 short
2015-05-19 10:03:22 URBN buy $33.880 short
2015-05-19 10:23:02 URBN sell $33.665 short
2015-05-19 10:25:27 URBN buy $33.475 short
2015-05-19 10:28:52 URBN buy $33.370 0

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