LPX Trade on Sep 19, 2014 14:22 from silverholden: Tradervue User Stock Trades.

Had this on my list from earlier in the week. I noticed it basing out, when it crossed MA's I decided to enter for a run to the VWAP. Setup was valid, and would have worked. I strangled it with a tight stop. Instead of a stop that made sense, like bottom of the candle that broke the MA's, I used top of the candles from the previous range. So got stopped to the penny, and not anywhere close to my max loss per trade. This went to my target, and would have provided 3:1 R/R had I put in the proper stop.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-09-19 14:22:28	LPX	buy	$14.420	long
2014-09-19 14:22:28	LPX	buy	$14.420	long
2014-09-19 14:22:30	LPX	buy	$14.420	long
2014-09-19 14:27:44	LPX	sell	$14.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LPX&trade=1334492&end=20141019&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LPX&trade=1334492&end=20140919200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LPX&trade=1334492&end=20140919165744&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

jmos_BOWS

2014-09-21 10:51:46

Nice set up, rounding up and bouncing off the 20sma daily.

LPX Trade on Sep 19, 2014 14:22 from silverholden: Tradervue User Stock Trades.

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