NPSP Trade on Jun 2, 2014 10:10 from chanel: Tradervue User Stock Trades.

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chanel

Hit the MA and bounced so I entered expecting a rebound. I rode it up for a 1R profit and sold the other half of the position flat.

Sayed taught the technique of waiting until it hits the MA.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-02 10:10:48	NPSP	buy	$35.380	long
2014-06-02 10:10:50	NPSP	buy	$35.320	long
2014-06-02 10:44:18	NPSP	sell	$35.720	long
2014-06-02 10:44:18	NPSP	sell	$35.705	long
2014-06-02 10:48:35	NPSP	sell	$35.295	long
2014-06-02 10:49:15	NPSP	sell	$35.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NPSP&trade=1040835&end=20140702&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NPSP&trade=1040835&end=20140602160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NPSP&trade=1040835&end=20140603104915&TimeRange=90&Volume=1&ChartType=volbars&width=450&height=275&barsize=1000');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NPSP&trade=1040835&end=20140602113715&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-06-02 12:30:07

Good job on entry and sell. Once it bounce it ran into the ema's which was a good sell spot.

Nape_BOWS

2014-06-02 16:54:11

Also notice how it made a double top pattern failing to get above the round number $36. Once it fail to get over, that was an opportunity to short it.

NPSP Trade on Jun 2, 2014 10:10 from chanel: Tradervue User Stock Trades.

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