QIHU Trade on May 29, 2014 09:48 from Markmandy54: Tradervue User Stock Trades.

Gravatar

Shared by
Markmandy54

 

Great bear flag off open. Stop -.40, Target +1.25, +2.50. Took off 1/2 at target and added back to full position on p/b to falling MA and previous day consol and got stopped out when broke above.


Execution detail:

Date/time Symbol Side Price Position
2014-05-29 09:48:30 QIHU sell $95.670 short
2014-05-29 10:14:57 QIHU buy $94.580 short
2014-05-29 10:31:09 QIHU sell $94.960 short
2014-05-29 10:44:34 QIHU buy $95.250 0


Comments

2014-05-30 18:22:32
 

I think you played this well! The pullback would have likely tricked me as well

Gravatar youngmoola000
2014-05-30 20:28:21
 

Nice work holding out for 3R! Do you always use 3R instead of 2R as your first target?

2014-05-30 23:20:19
 

No, it all depends on Support/Resistance. 94.70 area was the role reversal on 30 minute. I do ideally look for 1.5R or 2R to take partial but it all depends on where i think price will bounce.

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