GPRO Trade on Sep 15, 2015 10:58 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=C-

The setup: bear flag, move down through MAs

The result: It looks like a chase on the 5m chart, but it was crossing down through the MAs, so I was using that as my confirmation of a down move. Got the move, and scaled out about right, gauging things as the price action slowed down. Luckily it broke through 33.00 easily or this may have been a different story.
What I had going for me is that it broke through 33.20 with some conviction which had me (correctly) biased to the short side.

Execution detail:

Date/time Symbol Side Price Position

2015-09-15 10:58:00 GPRO sell $33.080 short

2015-09-15 11:07:00 GPRO buy $32.800 short

2015-09-15 11:07:18 GPRO buy $32.920 0

Date/time	Symbol	Side	Price	Position
2015-09-15 10:58:00	GPRO	sell	$33.080	short
2015-09-15 11:07:00	GPRO	buy	$32.800	short
2015-09-15 11:07:18	GPRO	buy	$32.920	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GPRO&trade=3592191&end=20151015&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GPRO&trade=3592191&end=20150915160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GPRO&trade=3592191&end=20150915133218&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GPRO&trade=3592191&end=20150915113418&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

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GPRO Trade on Sep 15, 2015 10:58 from ToqueX: Tradervue User Stock Trades.

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