DRL Trade on Jun 3, 2014 12:55 from ebolano_BOWS: Tradervue User Stock Trades.

Entered trade at 2.93 for a short after spotting trend change supported by STO and MACD on 15 min chart. Looking for 2.80 as there is no support. Set stop at 2.99. Looking at 5 min noticed stock lost momentum. Stopped out at 2.99. As lesson learned, need to zoom in the trade as the trade is active. Also noticed very little liquidity, and the stock was extended when I entered. Zoom in!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-03 12:55:47	DRL	sell	$2.930	short
2014-06-03 13:11:33	DRL	buy	$2.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=1043611&end=20140703&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=1043611&end=20140603160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=1043611&end=20141031&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-06-27 08:05:30

No setup here as stock found 3 tap bottom and got stuck in a range.

DRL Trade on Jun 3, 2014 12:55 from ebolano_BOWS: Tradervue User Stock Trades.

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