Trade Review for 10/14/2015

Took only one trade. I had my stop too tight and also chased.

SUNE Trade Review

Only one trade today on SUNE.. I wanted to short at the open but I avoided due to one of my rule.Do not trade the first 15 min. I took the short after it lost the vwap and the second 5min candle opened below vwap. I was initially looking for 12. But I wasn't fully convinced it will get to that level. I took it off once I got my 30 cts move for the 3:1 r/r

$VLTC example of Shorting into Major Resistance

VLTC  today was a good example of shorting into  major resistance. 13 was an area of resistance from the daily chart. See chart below.