CIEN Trade on Feb 14, 2014 11:54 from unik_BOWS: Tradervue User Stock Trades.

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unik_BOWS

 

Was this a valid setup for daylong consalidation?


Execution detail:

Date/time Symbol Side Price Position
2014-02-14 11:54:59 CIEN buy $25.250 long
2014-02-14 14:53:15 CIEN sell $25.120 long
2014-02-14 14:53:15 CIEN sell $25.120 0


Comments

2014-02-14 22:56:22
 

worth a try

2014-02-15 00:52:26
 

I like it -- Big pole, 2 hours of rest, higher lows, coiling up. You got a mini flag and bought on break of the previous price resistance.

Gravatar ferenc_BOWS
2014-02-15 12:51:54
 

the daily chart tells more in the middle of previous highs and lows, nice 4 resistance tap however.. for a swing trade i would not have entered so does the daily chart.. more like an ORB if I check the daily chart tiny resistance..

Gravatar Sayed
2014-02-16 12:33:24
 

Idea was good but u also have to consider history of this stock. If u see daily candles, u can see that this stock doesn't have much range intrday. After the morning gap it was exhausted to make further move. This also have a huge float to make huge move intraday.

2014-02-16 12:56:17
 

Thanks. Yes, I see what you're saying. I just have to pay attention to the daily chart and build a better case for each stock I'm trying to trade.

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