FEYE Trade on Aug 7, 2014 11:39 from eliezer_BOWS: Tradervue User Stock Trades.

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eliezer_BOWS

 

It looked like a nice flag after initial gap up. Didn't work. Did I read it wrong or was it just a pattern that didn't play out?


Execution detail:

Date/time Symbol Side Price Position
2014-08-07 11:39:59 FEYE buy $32.030 long
2014-08-07 11:48:54 FEYE sell $31.910 0


Comments

Gravatar Sayed
2014-08-11 18:50:39
 

Again there is no setup on daily chart.

2014-08-11 19:29:41
 

Just like you would look for a intraday setup; you also have to have a daily setup if you want the stock to move clean. Make sure you are aligning your trades on multiple time frames.

2014-08-11 19:55:13
 

I agree with the previous two comments. You should do a scan and find stocks that have setups on daily charts and then you look for an entry in those stocks on a 5-minute chart. In this case it looks like you took a random stock with no setup on daily and traded a random "flag" that you found on a 5-minute chart. This stock is trendless too, so you can't really expect a positive outcome.

2014-08-11 21:08:40
 

Good points, I'm learning so much for all the comments, really appreciated!

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