SALE Trade on Aug 5, 2014 09:40 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Gapped down, opened weak, bounced into VWAP. Good entry, had a tight stop. First target got reached but target should have been LOD. Sold wayyyyyy too early on my 2nd target. Left so much money on the table. Need to be more patient on 2nd target.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-08-05 09:40:26	SALE	sell	$19.835	short
2014-08-05 09:42:15	SALE	buy	$19.635	short
2014-08-05 09:48:40	SALE	buy	$19.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SALE&trade=1226214&end=20140904&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SALE&trade=1226214&end=20140805121840&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SALE&trade=1226214&end=20140805101540&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-08-05 18:10:09

You nailed that entry.

pariscroom1

2014-08-05 18:22:48

That was I really great entry

jmos_BOWS

2014-08-05 19:07:35

thanks guys but selling sucks again. @pariscroom1, I need to remember the trend line trick you mentioned. Do you do it only on the 5mns chart? I think in this case, I should have done it on a 1mn chart maybe?

pariscroom1

2014-08-05 22:21:57

mostly the 5min, unless its early in the day. I usually switch to 5 min after 10:30

SALE Trade on Aug 5, 2014 09:40 from jmos_BOWS: Tradervue User Stock Trades.

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