TLT Trade on Jun 6, 2014 09:32 from handycandi_BOWS: Tradervue User Stock Trades.

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handycandi_BOWS

 

6/6 - Bought at the bottom of a consolidation range that has been going on since mid-Feb. (The order took several seconds to fill, so I entered it again, thinking I had cancelled the other...) I will sell at the top, then short. Should take 4-5 days. Stop under range at $111.00, target $115.70. Ratio is 3:1.

6/9 - Got antsy and didn't stick to the stop I mentioned above. Instead I set my stop at $11.25, which made sense to me at the time - that was the price I decided was just under the range, although $111.00 makes much more sense to me now that I'm looking back. I had to set a hard stop so I could leave the house, and I didn't review my notes here first. I stopped out, but wouldn't have with a correct stop.

6/10 - Gapped down under yesterday's 2:00-close range this morning and was sitting just under the range on the daily chart (which could be true, or look true due to my drawing skills), so I re-bought and set a very close stop in case it was actually breaking the range, even though I couldn't imagine it was. Stochastics still show this is very oversold, so when it breaks range, it should do so at the top. I hit my stop; I'll check back on this later.


Execution detail:

Date/time Symbol Side Price Position
2014-06-06 09:32:00 TLT buy $112.150 long
2014-06-06 09:32:17 TLT buy $112.130 long
2014-06-09 10:19:59 TLT sell $111.250 0
2014-06-10 09:31:00 TLT buy $111.060 long
2014-06-10 09:52:49 TLT sell $110.970 0


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