DRL Trade on Aug 11, 2014 09:39 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Gapped up, opened strong, got in when it was breaking round # thinking it was going to rip. I didn't do my homework properly as I should have noted resistance around 7.10. When it couldn't break above 7.09 and I saw it was stalling there, I should have gotten out. My plan was to get in on an immediate rip and when it didn't, that was my cue to get out. Took a small loss but it could have been even smaller if I traded it according to plan.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-08-11 09:39:23	DRL	buy	$6.980	long
2014-08-11 09:41:30	DRL	sell	$6.840	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=1240928&end=20140910&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=1240928&end=20140811121130&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=1240928&end=20140811101030&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-08-11 19:52:30

Good stop. This one looked great out of the gate and from its history

DRL Trade on Aug 11, 2014 09:39 from jmos_BOWS: Tradervue User Stock Trades.

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