GWPH Trade on Jun 6, 2014 10:25 from ddrsmith2_Bows: Tradervue User Stock Trades.

Bull flag but again should have waited for confirmation . Should have sold at 74 then added again if it held the flag. Need to take profits.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-06 10:25:39	GWPH	buy	$73.000	long
2014-06-06 12:01:47	GWPH	buy	$73.170	long
2014-06-06 12:03:59	GWPH	sell	$72.900	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GWPH&trade=1050239&end=20140706&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GWPH&trade=1050239&end=20140606140359&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

EL_BOWS

2014-06-10 18:43:34

This is a textbook pullback to the 9EMA. Your entry was great here. It tapped the 9, was rejected and you got in. I might've waited until it broke the VWAP / previous candle, but you anticipated. Issue here was taking profits (which is what I would've had a hard time doing also). My stop would've been at 72.50ish, so that's a 50c risk, 2R is at 74.

GWPH Trade on Jun 6, 2014 10:25 from ddrsmith2_Bows: Tradervue User Stock Trades.

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