FRO Trade on Jun 23, 2014 12:54 from hawk_BOWS: Tradervue User Stock Trades.

Entered long on pullback to support. Boredom trade. Should not have taken this trade. Exited a couple hours later flat.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-23 12:54:43	FRO	buy	$2.920	long
2014-06-23 15:21:44	FRO	sell	$2.920	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FRO&trade=1078788&end=20140623153344&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FRO&trade=1078788&end=20140623160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FRO&trade=1078788&end=20140623160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=FRO&trade=1078788&end=20140723&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

oly_BOWS

2014-06-23 22:47:06

To me it is no longer a good continuation since it already ran the morning and then was rejected by the 50dma.

Also, that adam-and-eve double top on the 5m would scare me off. That said, Bulkowski seems to think a&e double tops are not very significant.

http://thepatternsite.com/aedt.html

FRO Trade on Jun 23, 2014 12:54 from hawk_BOWS: Tradervue User Stock Trades.

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