M Trade on Jan 30, 2017 09:58 from tee: Tradervue User Stock Trades.

Gravatar

Shared by
tee

 

I liked the AM setup - previous potential flat top breakout PLUS pivot level resistance. Instead it pulled back, supported on MAs, then geared up towards that pivot level again. As I was entering ticket, it moved up a few cents and eventually broke as I anticipated.
I flattened position when it got to breakeven as punishment for not selling the .20 move I saw. My intention was a daytrade unless it proved to be a solid move higher before pulling back. I couldnt not let myself see a green to red. As safety I would rather bail at b/e and re-enter, which I did when it proved to be a safe hold for now. That second trade is still in play so it's not yet posted here. I re-entered when it broke the same pivot I was watching earlier @ 29.28.
Daily chart says potential bottom with it acting relatively strong on a big down day in SPY.


Execution detail:

Date/time Symbol Side Price Position
2017-01-30 09:58:26 M buy $29.200 long
2017-01-30 10:46:55 M sell $29.220 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!

View plans, Sign up for free, or Log in