XBI Trade on Nov 17, 2016 10:18 from Emilie_BOWS: Tradervue User Stock Trades.

Daily: parabolic, continuation day
Intraday: VWAP short
I was wrong on this one. I thought it would continue selling for another pullback day. I took the short when it broke under VWAP.
I think the mistake was that although the stock was parabolic on daily it was still technically in a bull trend. Previous day selling was just a small pullback on low volume.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-11-17 10:18:35	XBI	sell	$65.334	short
2016-11-17 10:40:07	XBI	buy	$65.570	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=XBI&trade=4974469&end=20161217&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=XBI&trade=4974469&end=20161117130007&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=XBI&trade=4974469&end=20161117160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=XBI&trade=4974469&end=20161117160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

XBI Trade on Nov 17, 2016 10:18 from Emilie_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax