KATE Trade on Aug 12, 2014 10:31 from singham_BOWS: Tradervue User Stock Trades.

Daily: earnings breakout

Intraday: quick pullback buy

Entered on pullback to 9ema in anticipation of bounce, but support didn't hold!.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-08-12 10:31:55	KATE	buy	$41.690	long
2014-08-12 10:32:45	KATE	sell	$41.560	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KATE&trade=1241499&end=20140911&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KATE&trade=1241499&end=20140812130245&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Stratasphere_BOWS

2014-08-12 16:53:12

I went into my charting software to look at this trade, I think that you should have considered the massive selling after the rally up. In Kunals lectures he says that overextension of the stock and large volume candles can invalidate a setup. That's what I think happened here. After the rally, there were 4 down candles on higher relative volume.

singham_BOWS

2014-08-12 17:14:22

I know what you are saying, but I thought risk was minimal in relation to potential reward.

KATE Trade on Aug 12, 2014 10:31 from singham_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax