UVXY Trade on Jun 28, 2016 09:45 from Louie: Tradervue User Stock Trades.

Shared by:
Louie

General Comment/s:
-Awesome gap down PM and very bearish PA PM.
-didn't really want to short this at my entry as it was bad but at the same time SPY is gaining strength and is ready to breakout hence I SS UVXY.

Plan: (SS)

Setup: VWAP as R

SL: 13.3 FR + VWAP

PT: 12.2 FS

Final thoughts:
-I have noticed that UVXY behaves differently than other stocks.
-Entry is bad as I should have waited for a pop closer to our risk area to SS.
-Ideally should have scaled out in the exit with a stop of my last pos at my entry price.

Execution detail:

Date/time Symbol Side Price Position

2016-06-28 09:45:48 UVXY sell $13.120 short

2016-06-28 09:51:16 UVXY buy $12.960 0

Date/time	Symbol	Side	Price	Position
2016-06-28 09:45:48	UVXY	sell	$13.120	short
2016-06-28 09:51:16	UVXY	buy	$12.960	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4685052&end=20160628122116&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=bb(20,2)&study2=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4685052&end=20160628122116&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)&study2=sma(200)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4685052&end=20160628101916&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=sma(20)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4685052&end=20160728&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(200)');}

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UVXY Trade on Jun 28, 2016 09:45 from Louie: Tradervue User Stock Trades.

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