A couple of trades

These trades were rather following a position trading strategy since they were kept through several days. The first one was traded with the BNRGn (Brenntag Ag). Open at 53,53 and close at 55,16 with a 163 point difference. The first picture illustrates the instrument on the daily chart. We can see that the price had just recovered from a minor drop and the trend is strong bullish. 


 BNRGn (Brenntag Ag) on the 15 minute chart where the trade was executed. This is  one of those trades where I placed the stop order just right. The price started oscillating with high volatility just after the position was closed on the 17th of march. Green line entry, red line exit. 

 The second trade was executed also with a stock derivative of the German market. G1AG (Gea Group) Firstly the daily chart, then the 15 minute chart.

 The picture does not quite show that actually the the first low in the picture is many points below the second (higher) low. This observation made me trade this movement. The exit was executed with a market order, since the stop was  lying down at 43,90 and the instrument started showing reversal signs on the 17th ( a reversed 1-2-3 pattern).

Where the first two trades were long positions, the third was held short. This was exercised with the CHK (Chesapeake). This stock has been extremely bearish since the middle of 2014. The position was entered at 15,04 where the price broke through the last low. The 15 minute chart illustrates that the entry point had clearly some bearish volume, since the price plunged immediately. The position was closed manually with a market order due to a possible reversal. A 103 point trade.