NFLX Trade on Jul 1, 2014 14:24 from singham_BOWS: Tradervue User Stock Trades.

Daily: PR breakout

Intraday: day long consolidation

Entered as price moved above emas in anticipation of break of day-long consolidation with risk of 0.75. Exited prior to stop level because it broke 9ema and $SPY seemed to reversing.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-01 14:24:24	NFLX	buy	$468.040	long
2014-07-01 14:29:04	NFLX	sell	$467.560	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=1127938&end=20140731&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=1127938&end=20140701160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Alvan_BOWS

2014-07-01 21:27:10

.75 is not near enough on a high dollar stock like NFLX. the range during consolidation was $3. I would have set my stop around 465.90, which would have had to go to 472.50 to justify a 2:1 R:R. You had the right gameplan, just gotta let it breathe.

NFLX Trade on Jul 1, 2014 14:24 from singham_BOWS: Tradervue User Stock Trades.

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