Shared by
pstark89
Whats the Setup: Shares making lower lows and under the 9 ema on 5 min. Looked like it would break
Where are EMA's: Above 9 and below 20
Resistance: 85.21
Support: 84.4
EMA's-Direction & details: Flat to curving lower
Time Frame Alignment: Not really
Volume: Above average
Market action: moving higher after being down
Stop: 85.25
Target: 84.4
R/R: 2:1
Are Stop/Target proper:
Reasons for exits: Traded above stop
Notes:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-04 14:27:22 | BABA | sell | $85.000 | short |
| 2015-03-04 14:42:39 | BABA | buy | $85.310 | 0 |
| 2015-03-04 15:00:31 | BABA | sell | $85.510 | short |
| 2015-03-04 15:01:51 | BABA | buy | $85.620 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!